Free Trial

Touched a low of $1.3538 before bouncing......>

CABLE
MNI (London)
CABLE: Touched a low of $1.3538 before bouncing back to current level of
$1.3560. Move seen as Eur/Gbp rejected from its earlier Asian high of Gbp0.8805,
the cross currently around Gbp0.8795. Minor resistance seen at $1.3569(38.2%
$1.3618-1.3538) ahead of stronger interest between $1.3575/85. 
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.