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Gilt opens with a 97 ticks gap

CROSS ASSET
  • The Pound remains under pressure, after Gilt future opens with a 97 ticks upside gap, following the UK inflation data miss, and the SONIA strip up 12.5/13 ticks in the reds.
  • Support in Cable will be seen at the Monday's low, 1.2031 initially.
  • Opening gap in Gilt is from 102.73 to 103.70.
  • Monday's high in Gilt is situated at 104.28, now trading at 103.45, circa the mid opening range.

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