RajDhall
Long

Move Higher In The Making

LSE:LLOY   LLOYDS BANKING GROUP PLC ORD 10P
This was a nice retracement to come back into lloyds shares.

The BoE are talking about reducing their balance sheet and we have FOMC ready to normalise after CPI gets closer to the target range.

If the FOMC sounds remotely hawkish then longer term I think we can test the highs, just look for a reaction at 69.40. This is a stable UK bank and at these prices it looks like good value for the long term.
Kind regards

Rajan Dhall MSTA
fxdaily.co.uk
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