Free Trial

under continued pressure

GBP
  • The Pound is still offered and seeing further selling interest at new lows against the USD and the EUR.
  • The latter eye a test back above 0.8600, with next resistances seen at 0.8616 Low Oct 11, followed by 0.8637 20-day EMA.
  • Support is Cable are at 1.2538/03 20-day EMA / Low Dec 8.

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.