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(H9) Shrugging Off Brexit News *RES 4:...>

GILT TECHS
GILT TECHS: (H9) Shrugging Off Brexit News
*RES 4: 129.11 High Sep 8, 2017 (continuation chart) 
*RES 3: 126.52 High Dec 15, 2017 (continuation chart) 
*RES 2: 125.64 High May 29 (continuation chart) 
*RES 1: 124.49 High Feb 14 
*PREVIOUS CLOSE: 123.92 
*SUP 1: 123.53 Low Feb 21 
*SUP 2: 122.98 Low Feb 4 
*SUP 3: 122.15 Low Jan 18 
*SUP 4: 121.73 Low Nov 22, downtrend support (continuation chart) 
Gilt futures failed to sell off in line with the stronger pound yesterday amid
positive Brexit news, keeping the near term outlook neutral. Bulls need to take
out the Feb 14 high at 124.49 to open a return to the May 29 high at 125.64. To
shift the outlook negative, bears need to take out the Feb 21 low at 123.53,
with a break below here suggesting a potential bearish reversal down towards the
Feb 4 low at 122.98.

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