continues to carve lower-highs during first full-week October as bearish
momentum in Relative Strength Index
) remains in play.
With the U.K. Consumer Price Index ( CPI
) expected to slow to an annualized 1.4% from 1.5% in August, the next downside objective comes in around 1.5890 ( 61.8% retracement
) to 1.5900 (50.0% expansion).