ridethepig | Gilt Yields Breaking the GridlockThe best move, since the breakout of the consolidation after an early basing development is to work the heat of the bid. It is much more about the political configuration than and how to work against the economic pain coming from Brexit.
As well as moves in Pound and UK Equities becoming clear, Rishi Sunak now playing the tax cuts, which combined with the overdraft extensions and BOE front loaded cuts allows us to completely paralyse sterling buyers in the majority. The latest squeeze is a false liberation!! It will only manage to create enough energy for further weakness !! The isolated Pound will fall and go on to occupy the lows once more, we can open a new cable chart for those wanting to trade the flows live.
By calling to their aid the tax cuts, Yields will be forced to spike into the highs and force our opponent onto the back-foot. If price escapes the highs in a freeing momentum break, we can see a surplus of tempo once inflation hits shore. This demonstrates how deadly the paralysing of Downing Street was from Cameron.
