Short

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

By VasilyTrader

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.

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