showed multiple bullish
signals on the 30 min following the decision by the BoE to maintain interest rates along with asset purchases. A bullish pennant
had formed, that included a bullish
reversal candle pattern at a support line. There was also evidence of hidden bullish divergence
, with the price showing higher lows, but the indicators showing lower lows.
I suggest trading a bounce on the upper pennant
line and targeting 40 pips.