TipTVFinance

UK 10-yr Gilt – Stuck at 23.6% Fibo

OANDA:UK10YBGBP   UK 10Y Gilt
Rebound from the low of 125.627 on the back of a bullish price RSI divergence and a bullish MACD crossover has run into resistance at 127.23, which is 23.6% Fibo resistance of the sell-off from 132.424-125.627.

Given the bullish divergence on the 4-hr and bullish pin bar on the daily chart the odds of a break above 127.23 and a rise to 128.00 are high.

Only a failure at 127.23 followed by a break below 126.37 would signal loss of bullish momentum .
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out