Range bound breakout now likely - £50 in sight25 Feb 2026 18:56
Last month the sp has ranged between 35-45GBP.
Drivers of PM price increase, Iran tensions, china pushing physical prices and expected results next Tuesday mean that 45GBP should be exceeded pushing the sp to new heights.
It is likely that the drivers will provide a perfect tailwind allowing 50GBP to be achieved in coming days.