Free Trial

Larger FX Option Pipeline


Austria triple tranche mandate


(H2) Testing The 50-Day EMA


Greece 10-Yr Mandate

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Weak to weaker: *RES 3: 1.2582 High.....>

CABLE TECHS: Weak to weaker:
*RES 3: 1.2582 High Sep 20 / High Jul 15 and bull trigger
*RES 2: 1.2503 High Sep 24
*RES 1: 1.2381 High Sep 26
*PRICE: 1.2292 @ 08:28 GMT Sep 27
*SUP 1: 1.2271 Low Sep 27
*SUP 2: 1.2266 50-dma
*SUP 3: 1.2234/10 Low Sep 9 and Sep 5
The pair retreated further early Friday, taking out yesterday's lows before
finding support at 1.2271, the 50% Fib of the rise from early September. A break
below here opens the 50-dma at 1.2266. A break of these supports would open a
deeper correction. Note, broader trend signals have yet to turn convincingly
bearish and while the risk for now is down, there is a strong possibility the
current pullback is merely a correction. Bulls need to retake Tuesday's 1.2503
high to open the key resistance at 1.2582, Sep 20 high.
Sign up now for free access to this content.

Please enter your details below and select your areas of interest.