MozzaB

Short UK Gilts on break of multidiagonal support line

Short
LSE:IGLT   ISHARES II PLC ISHRS CORE UK GILTS UCITS ETF GBP (DIST)
Uk gilts look like a short here on the break of multidiagonal support. There's a confluence somewhere between April to August so i would be expecting a drop to around the 11.50-12.00 level on a longer term basis.
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