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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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- RES 4: 135.39 76.4% retracement of the Jan 4 - 12 downleg
- RES 3: 135.16 High Jan 6
- RES 2: 135.04 61.8% retracement of the Jan 4 - 12 downleg
- RES 1: 134.95/96 High Jan 26 / High Jan 7
- PRICE: 134.69 @ Close Jan 27
- SUP 1: 134.41 Low Jan 25
- SUP 2: 134.14 Low Jan 25
- SUP 3: 133.79 Low Jan 21
- SUP 4: 133.55 Low Jan 11 and the bear trigger
Gilt futures rallied again yesterday and despite the pullback from session highs of 134.95, a bullish outlook remains intact. Futures have cleared resistance defined by the 20- and 50-day EMAs and this reinforces a bullish case. Scope is seen for a climb towards 135.04 next, the 61.8% retracement of the Jan 4 - 12 downleg. Initial support is seen at yesterday's low of 134.41 ahead of 134.14, the Jan 25 low.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.