Free Trial

NUM, NUMSA Reportedly Reject 7% Wage Rise Offer


Russian Gas Flows to Germany


(U2)‌‌ Extends Bounce From Tuesday’s Low


EGB/Gilt: Riksbank Delivers 50bp Hike

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
GILT TECHS: (H0) Testing Key Near-Term Resistance
*RES 4: 135.11 High Feb 3
*RES 3: 134.98 76.4% retracement of the Jan 30 - Feb 13 decline
*RES 2: 134.64 61.8% retracement of the Jan 30 - Feb 13 decline
*RES 1: 134.60 High Feb 10 / 20 and key near-term resistance
*PRICE: 134.49 @ Close Feb 21
*SUP 1: 133.91 Low Feb 20
*SUP 2: 133.57 Low Feb 19
*SUP 3: 133.22 Low Feb 13 and key near-term support
*SUP 4: 133.04 Low Jan 21
Gilts traded higher Friday ending the week on a firmer note and reaching a high
of 134.60 that also marks the high from Feb 10. This increases the importance of
134.60 as a resistance going forward, with the 61.8% Fibonacci retracement of
the Jan 30 - Feb 13 decline at 134.64. A break above this resistance area would
pave the way for a stronger recovery and open 134.98 next, the 76.4% level.
Support to watch for now lies at Thursday's 133.91 low.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.