MNI: Canada Apr-Nov Budget Deficit CAD3.6B, Beats Projection

(CORRECTED)MNI INTERVIEW: ECB Communications Errors Risk Market Selloff

(CORRECTED)MNI INTERVIEW: ECB Communications Errors Risk Market Selloff

Crude Futures Continue Slide, WTI Hits Fresh Weekly Lows

MNI DATA FORECASTS: EZ Inflation, US Jobs data to the fore

MNI: US NAR DEC PENDING HOME SALES INDEX 76.9 V 75 IN NOV

(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

MNI BRIEF: EU Sees Statement After UK-EU Talks This Afternoon

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
USDCAD TECHS

Remains Vulnerable

AUDUSD TECHS

Northbound

US TSYS

Late Tsy Roundup: Implied Hike Steady at 25.9Bp Ahead Wed FOMC

US

President Biden Finishes Month On Declining Approval Trend

US TSYS

Late SOFR/Eurodollar/Treasury Option Roundup

EURJPY TECHS

Holding On To Its Recent Gains

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

Still Looking For Gains

EURGBP TECHS
Foreign Exchange Technical AnalysisHomepagemarkets-real-timeBulletMarketsForeign Exchange News
  • RES 4: 0.9066/9266 High Sep 28 / High Sep 26 and key resistance
  • RES 3: 0.8980 High Sep 29
  • RES 2: 0.8867 High Oct 12
  • RES 1: 0.8829 High Nov 09
  • PRICE: 0.8721 @ 06:05 GMT Nov 17
  • SUP 1: 0.8695 50-day EMA
  • SUP 2: 0.8560/59 Low Oct 31 / 76.4% of Aug 2 - Sep 26 rally
  • SUP 3: 0.8522 Low Aug 30
  • SUP 4: 0.8471 Low Aug 28

EURGBP is in consolidation mode and remains inside its recent range. The trend outlook is bullish following recent gains. This resulted in a break of resistance at 0.8781, the Oct 21 high. The move higher opens 0.8867 next, the Oct 12 high. Note that moving average studies are in a bull mode position and this suggests that the broader uptrend remains intact. For bears, a move through the Oct 31 low of 0.8560 is required to resume bearish activity.

145 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • RES 4: 0.9066/9266 High Sep 28 / High Sep 26 and key resistance
  • RES 3: 0.8980 High Sep 29
  • RES 2: 0.8867 High Oct 12
  • RES 1: 0.8829 High Nov 09
  • PRICE: 0.8721 @ 06:05 GMT Nov 17
  • SUP 1: 0.8695 50-day EMA
  • SUP 2: 0.8560/59 Low Oct 31 / 76.4% of Aug 2 - Sep 26 rally
  • SUP 3: 0.8522 Low Aug 30
  • SUP 4: 0.8471 Low Aug 28

EURGBP is in consolidation mode and remains inside its recent range. The trend outlook is bullish following recent gains. This resulted in a break of resistance at 0.8781, the Oct 21 high. The move higher opens 0.8867 next, the Oct 12 high. Note that moving average studies are in a bull mode position and this suggests that the broader uptrend remains intact. For bears, a move through the Oct 31 low of 0.8560 is required to resume bearish activity.