– Buys on close above 161.420 targeting 4h Resistance at 161.700, Leaving Runners to the 1h Resistance at 162.720.
– Sells on close below 160.830 targeting 1h Support at 160.400, Leaving Runners to the next 1h Support at 160.120.
– Overall price is still in Consolidation Zone within the Daily and 4h timeframe prior to the Bank Rate Review on Thursday 2nd February.