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Graph Gallery WHERE ARE THE GLOBAL MARKETS GOING?
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Morning Briefing A bit of profit-taking in the Pound (1.3515) after a new high of 1.3619 was seen yesterday. Slightly greater chances now of a further dip towards 1.3450. Importantly, there are some chances of long-term Resistance at 1.38.
Resistance are holding on UK Gilts, at 1.30% on the 10Yr (1.30%) and 0.75% on the 5 Yr (0.73%). If the FOMC hints at a rate hike, the Pound could see profit-taking. A hint on the other side (delay in rate hike) could push the Pound up towards 1.38.
Last Updated Open High Low Close
19-Sep-17 1.3494 1.3552 1.3469 1.3503
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