– Buys on close above 161.450 targeting Daily Resistance at 161.870 leaving Runners to the 4h Resistance at 162.220.
– Sells on a close below 160.680 targeting 4h / 1h Support at 160.350 leaving Runners to the next 1h Support at 159.790.
– Overall the Weekly and Daily timeframe remains within the Consolidation zone above (160 Key Level), MPC Member Mann is due to deliver a speech titled ” Inflation Persistence and Monetary Policy Strategy ” at the 53rd Annual Conference of the Money Macro and Finance Society, in Canterbury.