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GILT SUMMARY

Gilts Hit Turbulence On BoE Announcement

US 10YR FUTURE TECHS

‌‌(M1)‌‌ Approaching Key Resistance

GOLD TECHS

Breaks To Fresh Trend Highs

Bears Eye YTD Low EURGBP........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bears Eye YTD Low
EURGBP trades back under 0.87, pressured by positive Brexit headlines. The
bigger picture outlook remains negative with bears targeting the Jan 25 ytd low
at 0.8618, ahead of a run at the 0.86 level. A break below here would suggest a
major topping pattern has been triggered. Prior range lows around 0.8750 are the
initial upside target for bulls, ahead of the 0.88 level. Above here would would
bring the 100 & 200-dma's back into view at 0.8850/63.