Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
EURO-STERLING TECHS: Softer But Remains Range-Bound
*RES 4: 0.8676 High Oct 24
*RES 3: 0.8658 High Nov 7
*RES 2: 0.8605 High Nov 22
*RES 1: 0.8596 High Jan 14 and bull trigger
*PRICE: 0.8506 @ 16:40 GMT Jan 21
*SUP 1: 0.8488 Low Jan 17
*SUP 2: 0.8452 Low Dec 31 and near-term bear trigger
*SUP 3: 0.8356 Low Dec 17
*SUP 4: 0.8277 Low Dec 13 and key support
EURGBP traded softer Tuesday. The cross is trading within a recently defined
0.8596 - 0.8452 range. Last week's trendline break drawn off the Aug 12 high
remains the key technical development providing a bullish backdrop for now. A
move beyond 0.8596, Jan 14 high would trigger the next leg higher and open
0.8605, Nov 22 high and beyond. A clear short-term risk parameter has been
defined at 0.8452, Dec 31 low. A break of this support would concern bulls.