This week, there will be no bank rate decisions.
EU dropped from W R1 1.2775 to W P 1.2641. No bias. Might bounce from support
Daily - Previous day candle closed with a black body candle, crossed below 8 lwma, RSI below 50.
H4 - Range bound (lower high), below 8 lwma, RSI below 50, below signal. W S1 1.2492, W R2 1.2924.
GU dropped from W P 1.6084 to 1.5900. Bias down. Might bounce from support.
Daily - Previous day candle closed with an engulfing bearish candle, crossed below 8 lwma, RSI below 30 (with bullish divergence).
H4 - Lower low, below 8 lwma, below signal, RSI below 30. W S2 1.5811, W S3 1.5668.




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