Trial now
MNI EXCLUSIVE

Prospects For Bank Regulation Under Next Fed Vice-Chair

US EURODLR OPTIONS

Latest structures

GBPUSD TECHS

Triangle Breakout

BONDS

Gilt/Bund test that 2019 peak

GBP

Extending losses

BTPS
BTPS: TECHS: (M0) Still Appears To Be Finding Support
*RES 4: 141.13 High Apr 9
*RES 3: 140.53 50-day EMA
*RES 2: 140.00 Round number resistance
*RES 1: 139.51 High Apr 28
*PRICE: 138.71 @ Close Apr 29
*SUP 1: 137.14 Low Apr 27
*SUP 2: 134.61 Low Apr 24 and key near-term support
*SUP 3: 132.61 Low Apr 22 and the bear trigger
*SUP 4: 132.30 61.8% retracement of Mar 18 - 27 rally
BTPS spiked lower at yesterday's open but found support at the low and traded
higher for the rest of the session. The recent recovery off 132.61, Apr 22 low
remains intact. The move higher is likely a correction however for now appears
likely to extend. Further gains would expose 140.00 and an important resistance
area at 140.53, the 50-day EMA. On the downside, a break of support at 134.61,
Apr 24 low is required to dampen the current bullish sentiment.