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A 22 ticks gap for Gilt

BONDS
  • A 22 ticks gap lower open for Gilt, push Bund to yesterday's low, all on the back of the decent jump in UK earnings, but Investors will quickly turn their attention to the UK CPI tomorrow.
  • Gilt now trades at its lowest level since the 10th March and support will be at the 101.13/100.60 gap.
  • Resistance will initially be at the opening gap, from 101.46 up to 101.68

Chart source: MNI/Bloomberg

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