We believe there will be added downside risk for GBP moving forward. #UK 10Y gilts have seen a massive bid since late January with yields falling nearly 40bps in that time.
The trend is likely continue with both #Brexit potential and possible Scotland independence referendum.
We look for 10Y gilts to fall below 90bps.
Alert: 1.2476
Threshold: 1.2688
Opportunity: 1.9760
Trade Mgmt: TP on 50% of position at1.2245; move threshold to breakeven
Reward-Risk: 2.31
Duration: 1 to 3 months
This is a free version of MacroView Research's TrendFlex alerts, a proprietary alert system for FICC and select ETFs. We will be opening up registration for new subscribers this Spring. If interested contact us anytime.
We believe performance matters. If TrendFlex is red for two back-to-back quarters, we'll refund 50% of fees - an offer not found anywhere else.
Follow @Lemieux_26, @EconomicHedge and @Macro_View on TWTR
The trend is likely continue with both #Brexit potential and possible Scotland independence referendum.
We look for 10Y gilts to fall below 90bps.
Alert: 1.2476
Threshold: 1.2688
Opportunity: 1.9760
Trade Mgmt: TP on 50% of position at1.2245; move threshold to breakeven
Reward-Risk: 2.31
Duration: 1 to 3 months
This is a free version of MacroView Research's TrendFlex alerts, a proprietary alert system for FICC and select ETFs. We will be opening up registration for new subscribers this Spring. If interested contact us anytime.
We believe performance matters. If TrendFlex is red for two back-to-back quarters, we'll refund 50% of fees - an offer not found anywhere else.
Follow @Lemieux_26, @EconomicHedge and @Macro_View on TWTR
