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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.
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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Uptrend Intact *RES 4: 1.3269 High......>
CABLE TECHS: Uptrend Intact
*RES 4: 1.3269 High Apr 27
*RES 3: 1.3203 1.618 projection of Sep 3 - Sep 20 rally from Oct 8 low
*RES 2: 1.3185/96 High May 6 / High Apr 3
*RES 1: 1.3181 High Dec 9
*PRICE: 1.3152 @ 05:35 GMT Dec 10
*SUP 1: 1.3101 Low Dec 6
*SUP 2: 1.3013 High Oct 21 and the former breakout level
*SUP 3: 1.2983 Low Dec 4
*SUP 4: 1.2879 Low Nov 29
GBPUSD remains firm and did manage a fresh high print of 1.3181 yesterday. A
bullish outlook remains in place following last week's strong rally and break of
1.3013, Oct 21 high. The pair also cleared 1.3130, a Fibonacci projection and
attention is on 1.3185 and 1.3196 next, May and April highs respectively. Note,
momentum studies are in overbought territory however this does not appear to be
a threat to bulls at this stage. 1.3013, marks the key support for now.
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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.