– Wednesday Daily candle closed Bullish at 194.320 as price starting to break out of the 4h Consolidation Zone. I’ll be looking for potential Buys above 194.520 targeting 4h previous Support formed on 29th April 2024 around 195.120 and 1h strong Resistance around 195.580. I’ll be looking for potential Sells below 194.020 targeting 1h strong Support at 163.650 and 4h Support around 193.230. High Impact News ahead of the Pre New York session for Bank Rate review on the Pound Sterling which may create high volatility in the market.
