I'll be expecting a retrace back to the 235.5 area (possibly slightly lower to 235.2) and then a nice bounce up to the 238 area, followed by another bounce back to 235.
Now if the BOE is GBP positive, that could crumble the 238 resistance quite easily - so be cautious during that announcement. However, it really depends on where price is at that time.
Now if the BOE is GBP positive, that could crumble the 238 resistance quite easily - so be cautious during that announcement. However, it really depends on where price is at that time.