DislikedInteresting position at the moment. On the hourly charts the CCi has dropped below 0 and the RSI's are about to (poss) cross 50 level heading south. If we look at the recent moves we have lower highs and lower lows - although the psychological 245 level has just about held.
To the upside the 245.37 fib has held a s a resisitance over the last day or so - with spike above but not holding. I reckon if BOE is 7-2 or above we go long, if not we down.
As for me - out until after the news !Ignored
Looks like it did go south ! NOw will we bounce off the -100 cci or are we going down? This could also be a clearout prior to the news so I am sitting out for now.