Free Trial

Sterling struggling to find any friends as....>

CABLE
MNI (London)
CABLE: Sterling struggling to find any friends as it continues to slip lower
post EU Barnier comment on Brexit impasse/deadlocked over financial package.
Cable extends lows to $1.3122, off earlier highs of $1.3265, while Eur/Gbp edges
on to Gbp0.9032. Tech support now seen at $1.3118(61.8% $1.3027-$1.3265). Rate
currently trades around $1.3130. Eur/Gbp resistance now at Gbp0.9045/50.   
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.