Disliked{quote} hi mate, if it is a 0.25 then we could see a 200-300 drop over the week as we have seen a move up on the rumours for 0.5. Could be a classic buy the rumour sell the fact. If we do see 0.5 then 100-150 up could happen initially unless the meeting after indicates not to expect more cut until so early next year. Then in Thursday we have BoE once again no cut is priced in. Can’t see a cut either however when if Bailey indicates a cut a couple of cuts this year we could see a drop too. all in there is a potential 100-300 pips in the offering this weekIgnored
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...price has been in the dly part of the prev 1hr/4hr/minor dly sw hi zone = pot res that extends up to 3238 (current mthly hi) for a while, and of course the current dly hi is in the 1hr and 4hr parts too. The 1hr, 4hr, and dly parts of the prev 1hr/4hr/dly/wkly sw hi zone that extends up to 3266 (current yrly hi)= pot res are narrow, and the dly part being the widest of them starts circa 3255. This prev sw hi zone is of course the 1st test on a prev dly/wkly sw hi zone = pot res that extends up to 3298, and the top of the former zone is coexistent with the later.
Dly below
Intraday swing trader @ 30min+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups
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