VasilyTrader

UK GOVERNMENT BONDS 50 (GB50Y): Bearish Impulse To Market Low

Short
TVC:GB50Y   UK 50Y yield


50Y gb bonds are standing on the decision level.
being broken to the downside, bears will most likely push the price lower to a current market low.

bearish bias is also based on the clear and strong bearish trend.

intitial target level is 0.83
but in case of a breakout there will be also a possibility for futher bearish continuation with a formation of a new ll.

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