Trial now
UK

TD recommend to receive GBP OIS 2y1y

BUNDS

What to watch out for

TECHS: (Z0) Bull Trend Extends

BTPS
  • RES 4: 151.17 0.764 of Jun 10 - Aug 20 swing from Sep 9 low (cont)
  • RES 3: 150.37 Bull channel top drawn off the Sep 8 low
  • RES 2: 150.00 Psychological round number
  • RES 1: 149.01 High Oct 8
  • PRICE: 149.47 @ Close Oct 9
  • SUP 1: 148.67 Bull Channel support drawn off the Aug 9 low
  • SUP 2: 148.15 Low Oct 2
  • SUP 3: 147.75 Low 20-day EMA
  • SUP 4: 147.32 Low Sep 28 and key near-term support

BTPS continues to extend gains, touching a fresh all-time high print of 149.55 Friday. The move higher again confirms a resumption of the underlying bull trend and maintains the clear positive price sequence of higher highs and higher lows. With futures in uncharted territory, Fibonacci projections highlight potential for a climb towards 151.17. The initial objective is the psychological 150.00 handle. Initial support lies at 148.68, bull channel support.