Gilts are uk 10 year goverment bonds They are short term bearish And mid to longterm bullish imho Let's see what happens TRADE AT YOUR OWN RISK G.R.I. Dec. '21
Going lower then higher Action reaction chart Forks off major pivots One macro fork one daily fork G.R.I. Dec '21 NOT TRADING ADVICE
Gilts are uk 10 year gov bonds They usually move inverse to GBPUSD which i may chart next This is a difficult chart cycles wise In terms of forks the longerterm uptrend is clear and i think we get a macro upmove as shown NO ADVICE GIVEN
We have 5 pivots on the down wave Price is trying to break out of the 0/3/4 fork Price is at a key level from the corona drop Targets as shown I'd be disappointed if it doesn't break the ATH next year As always watch GBPUSD and US treasuries NOT FINANCIAL ADVICE
History of UK gov fixed income on this chart vs gbpusd It's above the longterm volume POC Geometry looks nice Longterm bull market Inflation narrative pumped hard Let's see what happens next...
Gilts are uk goverment 10 year fixed income They often move inverse to GBPUSD and with the longer dates US treasuries We have a bottom and some hidden bullish divergence Let's see how high this goes, targets on chart Key date is a week tomorrow when the MPC meets and the market is probably expecting a rate hike which would be a negative for gilts TRADE AT...
Expecting a big move down on GBP and up on gilts This would coincide with a flight to dollars and deflationary market crash Let's see what happens DISCLAIMER: nothing herein constitutes any form of advice; this post is for information only
Q: What has the highest probability of occurring? Since early July there have been 4 tests of 132.000 resistance. There is a combination of 2 classic patterns forming at resistance. The double top, where both tops have been rejected at 132.000, is currently valid. The head and shoulders, the head consisting of the double top, would need to break the neckline...
The short to medium term bias is downward. Looking for shorts, only until the down-trending channel is broken.
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Both respective colored boxes are the exact same size . Yields up, GBP down. Flows nicely with Brexit negotiations finishing.
Uk Gilts are being sold into markets now ... showing a strenght in short term interest rate in Uk.... usually its has a strong correlation with the usa interest rates too.... for moment sell it
Minimum stop loss is 50 pts on this ticker with OANDA, which doesn't respect the R:R of the idea. You will have to manually manage this trade if you don't want a shitty 0,89:1 RR