UK 50Y yield
Short

UK GOVERNMENT BONDS 50 (GB50Y): Bearish Impulse To Market Low

205
snapshot


50Y gb bonds are standing on the decision level.
being broken to the downside, bears will most likely push the price lower to a current market low.

bearish bias is also based on the clear and strong bearish trend.

intitial target level is 0.83
but in case of a breakout there will be also a possibility for futher bearish continuation with a formation of a new ll.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.