Lloyds Bank share price shows potential for rebound after recent dip

invezz.com (Swedish)

Lloyds Bank's share price fell this week due to investor reaction to HSBC's weak report, reaching a low of 94.90p. The decline was triggered by HSBC's unexpected loss linked to MFS and exposure to the private credit industry, alongside US-Iran conflict concerns. Lloyds has limited private credit exposure and reported improved net interest income and underlying profit. Technical analysis suggests a potential rebound, with a double-bottom pattern forming, indicating a possible test of 100p unless the stock falls below 90p support.


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Lloyds Bank share price shows potential for rebound after recent dip | News Minimalist