– Tuesday Daily candle closed small Bullish at 200.610 as price still ranging within the Daily Consolidation Zone. I’ll be looking for potential Buys above 200.750 targeting 15min Resistance formed around 201.150 Leaving Runners to the Weekly High to fill the Wick around 201.640, I’ll be looking for potential Sells below 199.970 targeting 4h Strong Support formed around 199.500 Leaving Runners to the Daily Support formed on 6th June 2024 around 198.940. Analysis remained the same as price ranged mostly within the No Trade Zone. High Impact News ahead of the Pre London session for the Pound Sterling for CPI y/y which may bring more volume to the market for price to break out of the current Consolidation Zone.
