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Real-time insight on key fixed income and fx markets.
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Free AccessThe Pound has surged higher in early trade,...>
CABLE: The Pound has surged higher in early trade, opening at $1.2900 up from
$1.2892 close in New York on Friday, the rate has since charged to $1.2946 with
traders noting stops triggered above $1.2920. Resistance now lies at $1.2962
(38.2% fib $1.3267 to $1.2774 decline), while hourly support is located around
$1.2870. Cable was last at $1.2915
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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.