– Buys on close above 161.050 targeting 1h Resistance at 161.580, Leaving Runners to next 1h Resistance at 162.280.
– Sells on close below 160.410 targeting 1h Support at 160.130, Leaving Runners to the 4h Support formed at 159.760.
– Important news event coming up for the Pound Sterling later on this week for Bank Rate review so we might see price consolidating further on Daily prior to Thursday.