davidshinkel

GBPUSD SHORT (long yields)

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davidshinkel 已更新   
OANDA:UK10YBGBP   UK 10Y Gilt
Both respective colored boxes are the exact same size. Yields up, GBP down. Flows nicely with Brexit negotiations finishing.
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GBPUSD dropped 160 pips after posting this, yields have continued to rally
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The weekly candle following the week of Dec. 7 posting this idea (week of Dec. 14) failed to break higher, and now with another stimulus package on the table I expect further USD weakness so GBPUSD should rise while these UK 10-Year Bond Yields fall.

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