Previous Daily candle closed Bearish Doji as price rejected Daily Resistance and Rejection area from 22nd February 2022, Bank Of England has raised Interest Rates to 0.75% from 0.50% as Inflation remains at High Risk. as mentioned on yesterday’s Analysis the Rate Hike has been priced in by investors and when reviewing how the weekly candle been so far we can see the overall market structure has been extremely Bullish. We also have the review of the Interest Rate for the Japanese Yen forecasted to keep Rates the Same at -0.10%.
