FXTraderPaul

Lloyds has to rise and hold above 50p to give me some belief

LSE:LLOY   LLOYDS BANKING GROUP PLC ORD 10P
Ive always been interested in how Lloyds seems to trade in 25p blocks between 25, 50 and 75 pence. We presently see price running into the 50pence level which has been a strong level in the past.

So for me we need price to get above 50p and hold above it before I'm convinced that it has further energy to move towards 75p.

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