Free Trial

Turns lower again and extends.........>

EURO-STERLING
MNI (London)
EURO-STERLING: Turns lower again and extends pullback low, off Monday's high of
Gbp0.8973 (Asia high Gbp0.8962), to Gbp0.8943(Asia low Gbp0.8945). Move seen
tracking Eur/Usd's pullback which in turn is now providing buoyancy for cable.
Cable currently trades around $1.3215. Cross support seen at Gbp0.8932 ahead of
hourly support between Gbp0.8920/10. 
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.