October 25, 2024 07:12 GMT
GILTS: A higheropen versus calls
GILTS
- A slightly higher than expected open for Gilts, with the front Sonia strip bid, although it is starting to see some offers emerging along the strip.
- The higher open in Gilt, looked to have helped Bund just off its traded low, as the German contract attempted to close the overnight opening gap down to 133.23.
- The higher Gilt open, means that the contract has seen a small gap higher, although not the best Technical study to use for this contract.
- Initial resistance moves down to 96.60, while the gap is down to 96.13, but better will be seen at 95.68 for support.
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