– I’ll be looking for potential Buys above 188.530 targeting 4h Resistance at 189.030 Leaving Runners to the previous 4h Support formed on 17th January 2025 around 189.650.
– I’ll be looking for potential Sells below 188.000 targeting previous 4h Support formed on 18th September 2024 around 187.400 Leaving Runners to the 4h Rejection formed on that same day around 186.650.
– The Bank of England has lowered interest rates from 4.75% to 4.50%, leading to a break below major weekly support. With shifting monetary policy, market volatility is expected—will this move accelerate further downside, or will buyers step in to regain control?