📌UK Inflation is at a ten year high. The central bank is have meeting on Thursday,- to decide if it’ll tighten its monetary policies and raise rates in the face of rising inflation and a labor crunch. Technically based bearish continuation expecting.
💡 UK100GBP technically based idea, we can see price is on SUPP zone, CHANNEL pattern visible, technically indicators showing we can expect higher bearish continuation, based on technically readings expecting to see BREAK of CHANNEL and higher bearish continuation till targets marked on chart.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!