UK 10-yr Gilts – Short-term bottom in place

Bullish price RSI divergence on 4-hr chart followed by a rise to 127.00 levels suggests a retreat from Sep 27 high of 131.94 may have run out of steam and prices could rally further if the hurdle at 127.39 (Falling trend line + 23.6% Fibo) is breached.

On the lower side, only a break below 125.84 would signal fresh sell-off.
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