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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.
MARKET INSIGHT
Recent activity in Gilts and Sterling has been volatile. The ranges highlight a number of key broad levels.
Gilts (H1) key levels to watch are:
- SUP 1: 134.14 Low Dec 16 and the key bear trigger
- SUP 2: 133.52 Dec 2 low and the trigger for weakness towards 133.00
- RES 1: 136.03 High Dec 11 and the bull trigger
- RES 2: 137.10 1.618 proj of Dec 2 - 11 rally from Dec 16 low
Cable has traded in a 489 pip range since Dec 11. Key levels are:
- SUP 1: 1.3135 Low Dec 11 and a key bear trigger
- SUP 2: 1.2900 76.4% retracement of the Sep 23 - Dec 17 rally
- RES 1: 1.3624 High Dec 17 and the bull trigger
- RES 2: 1.4377 Apr 2018 high
Cable is still challenging a key pivotal monthly trendline resistance at 1.3372, drawn off the 2017 high.
EURGBP key levels to monitor:
- SUP 1: 0.8983 Low Dec 4 / 17 and the bear trigger
- SUP 2: 0.8861 Low Nov 11 and primary support
- RES 1: 0.9230/92 High Dec 11 / High Nov 9 and the bull trigger
- RES 2: 0.9501 High Mar 19 and primary resistance
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.
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