RE: Not rising today ..?15 May 2025 10:18
Lloy is the UK barometer therefore subject to domestic politics, economy and some believe the UK is heading for a massive crash under the current government and lack of or delayed actions by the BoE only add to the ongoing concerns PI’s, economist, etc have. Also Lloy have an impending court decision that could well go against them which may well lead to further provisions, Whereas the Like of Barc, at this moment, are benefiting due to the fact the have a global investment arm.
Whilst the TA, lloy chart, looks bullish the SP needs to convincingly breach current levels to keep the momentum on track.
DYOR