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: Still Trading Just Above Key Support
*RES 4: 0.8988 High Mar 30
*RES 3: 0.8911 High Apr 1
*RES 2: 0.8864/65 High Apr 21 / High Apr 7 and key near-term resistance
*RES 1: 0.8781 High Feb 23
*PRICE: 0.8711 @ 10:27 BST Apr 30
*SUP 1: 0.8682 Low Apr 14 and bear trigger
*SUP 2: 0.8657 Low Mar 9
*SUP 3: 0.8621 Low Mar 5 and a key support
*SUP 4: 0.8592 76.6% retracement of the Feb - Mar rally
EURGBP continues to trade just above key support at 0.8682, Apr 14 low. For the
bearish theme to be cemented, the cross needs to clear this 0.8682 support. A
move below would expose 0.8621 again, Mar 5 low. On the upside, key resistance
remains 0.8865, Apr 7 high which represents a short-term hurdle for bulls. A
break is required to signal a reversal and open 0.8911, Apr 1 high and
potentially beyond. Initial resistance is at 0.8781.