– Buys on close above 169.160 targeting 4h / 30min Resistance at 169.580, Leaving Runners to the 1h Resistance at 170.020.
– Sells on close below 168.410 on the break of the 30min Support that was formed at London close targeting 1h Support at 167.930, Leaving Runners to the 15min Support at 167.570.
– High volume to be expected at Pre London Session for CPI y/y News for the UK Economy forecasting 10.0% previously was 9.9%, There is a higher probability that the Inflation surpasses the current forecast (10.0%) as food prices, goods and services continue to rise at a fast pace.