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Gilts and short sterling are still pushing lower

UK
  • Gilts and short sterling strip continue to push lower.
  • That L M3 (June 2023), mentioned earlier is now clear through that June low that was 99.34, and is now also at lowest level since 20/03/2020.
  • That part of the strip is down 10.
  • Quick MNI tech for Gilts, supports are seen at 128.54/39 Low Jul 14 / High Jun 11 and recent breakout level

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