Gilts: Edged Higher To 111.01
Jason Sen | May 28, 2014 03:05AM ET
Gilts edged higher to 111.01. A break above resistance at 111.10 is required today for a move towards 111.27/28. This could hold a move higher but be ready to go with a break higher for a selling opportunity at 111.42/47.
Below 110.80 adds pressure for 110.67 then 110.58/55 which could hold the downside. Longs need stops below 110.50. An unexpected break lower could then target 110.25/20.
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