Danske Research Team
Danske Bank A/S
This week we present two strategies: Sell GBP/AUD and buy 10Y Bunds
GBP/AUD – Channel break signals lower prices
- Strategy Summary – Sell at 1.7795 for a target of 1.7485. Place stop at 1.7950.
10Y Bunds – New record lows, risk seen to 0.925/0.898
- Strategy Summary – Look to buy bunds into any corrective gains in yields towards 1.087/1.111 for fresh easing through 0.960 targeting 0.898, possibly 0.850. Place a protective stop above 1.200.
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