There is a strong correlation between bonds and yields and so far, the trajectory of price action for bonds has been in my favour, trailing higher and higher into the weekly premium SIBI.
115.18 is the equilibrium of the most immediate swing high to swing low and I am expecting a draw into this area.
116 is a low hanging, first target for next week that I am aiming for and would like to see how Sundays opening reacts (if that’s the case) with 116.
115.18 is the equilibrium of the most immediate swing high to swing low and I am expecting a draw into this area.
116 is a low hanging, first target for next week that I am aiming for and would like to see how Sundays opening reacts (if that’s the case) with 116.
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50/50 going into tomorrows rate announcement.
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11th Mar 2025 buyside liquidity has been tagged.
Price failed to close above buyside @ 118.21 indicating weakness to the upside.
I am expecting a retracement back down into the daily BISI @ 117.01 - 116.16
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This is price action at the end of the week.
Lookout for the latest analysis in which i will cover next weeks bias!
UK, London
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UK, London
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