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 YOUR OWN RISK
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 YOUR OWN RISK