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Continued buying across Equities and Govies

CROSS ASSET
  • Some momentum buying in the Pound, at session High against the USD and the EUR.
  • Next resistance is at 1.1460 for Cable.
  • Very volatile in Govies, with continued rally, as Equities lead the spikes higher.
  • Bund range is already 162 ticks, while Gilt has fully reversed the early weakness.
  • Next resistance in Bund is at 142.58 High Sep 20.
  • Gilt is still at the psychological 100.00

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