Trial now
PIPELINE

Corporate Debt Recap, World Bank Exp Wednesday

EURGBP TECHS

Resumes Its Downtrend

GBPUSD TECHS

Corrections Remain Shallow

FED

Reverse Repo Operation, Inching Higher

PIPELINE

$1.5B Royal Bank of Canada 10Y Launched

GILT TECHS
GILT TECHS: (H18) Bollinger Top Limiting Follow Through
*RES 4: 126.00 Low Sept 13 now resistance 
*RES 3: 125.60 Daily Bull channel top 
*RES 2: 125.21 High Sept 15 
*RES 1: 125.08 High Dec 11
*PREVIOUS CLOSE: 124.93
*SUP 1: 124.50 Hourly resistance Dec 11 now support 
*SUP 2: 124.22 Alternating hourly support/resistance 
*SUP 3: 123.75 55-DMA 
*SUP 4: 123.62 Low Dec 8
*COMMENTARY: The recovery from Friday's dip below the 55-DMA resulted in fresh
3mth highs Tuesday with bulls focused on 125.21-60 where the daily bull channel
top is situated. The Bollinger top (125.05) remains a concern for bulls &
continues to limit follow through. Layers of support in place see bears needing
a close below 124.22 to ease bullish pressure and return focus to 123.62-75
where the 55-DMA and last week's low are found.