As we're all waiting for the rates of Bank of England. price continues to move down.
From technicals price is supposed to reverse . but in a case where price breaks below the daily zones we look out for another setups.
Expectation:
Increase in Rates or Holding rates: When this happens our technicals plays out.
If price breaks below the daily zone. we should look out for different setups on GBPAUD
for AUDJPY
Opposite of the movement as shown in the video.
For educational purposes
From technicals price is supposed to reverse . but in a case where price breaks below the daily zones we look out for another setups.
Expectation:
Increase in Rates or Holding rates: When this happens our technicals plays out.
If price breaks below the daily zone. we should look out for different setups on GBPAUD
for AUDJPY
Opposite of the movement as shown in the video.
For educational purposes