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(U9) Fresh contract high *RES 4:.........>

GILT TECHS
GILT TECHS: (U9) Fresh contract high
*RES 4: 133.80 Broad bull channel top drawn off the May 21 low
*RES 3: 133.47 1.382 projection of the Jun 27-Jul 4 rally off the Jul 12 low
*RES 2: 133.47 Round number resistance
*RES 1: 132.75 Contract high, Jul 29
*PRICE: 132.47 @ Close Jul 29
*SUP 1: 131.57 Low Jul 25
*SUP 2: 131.27 Low Jul 19
*SUP 3: 131.04/05 Bull channel base drawn off the May 21 low / Low Jul 18
*SUP 4: 130.52 Low Jul 16
U9 Gilt remains bullish pushing to fresh contract highs yesterday on Brexit
related no-deal concerns. This confirms a resumption of the uptrend and also
negates the bearish engulfing reversal candle pattern that marked last
Thursday's price activity. The focus is now on 133.00 as the trend extends
within its bull channel. Key support has been defined at 131.57, the low of Jul
25. A break of this support is required to threaten the trend.

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