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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 AccessUptrend Intact The Thursday.....>
EURO-STERLING TECHS: Uptrend Intact
The Thursday session saw the highest EUR/GBP rate since Jan21, keeping the
near-term bias tilted higher. Markets consolidated somewhat during the Friday
session, keeping key resistance sitting at the 100/200-dmas at 0.8857 and 0.8865
respectively. These levels come just below the 50-dma and Jan 16 high at
0.8886/89. On the downside 0.8725 is providing some support with the 0.87 level
providing the next target for bears. This comes ahead of a return to the Jan 25
ytd low at 0.8617.
To read the full story
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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.