100% technical... This pair was flat for awhile on H4..time to scale in for long positions.
Trade bias already happening. Scale in LONG positions to target.
On my strategy, bank rate and almost all fundamental outcome has little relevance at major psychological levels. Look for the breakout of H4 trendline to take the trade. Be wary of the H4 stop raid pinbar. After an hour when this pair stays above the trendline, it's very unlikely that it will come down to the stop raid zone.
Several indications on LTF suggesting to SELL. Classic textbook example...pinbars and trendline break at the supply zone.
100% technical.. Stop raid..lowest point of entry to get in.
100% technical... UJ met supply zone on the weekly chart. Need to wait for another run up back to the consolidation zone. Be wary of stop raids forming 4 hour pinbars (shown). Look for 1 hour or 4 hour pattern (LTF consolidation) inside the zone to sell, and/or breakout of LTF channel/support.
100% technical... I'm biased for more downside until consolidation zone (shown). It's preferred to wait for 3+ days worth of consolidation in the zone and a BREAKOUT on the lower timeframe channel/resistance before taking long positions. Be wary of stop raids forming pinbars on the 4 hr. chart (stop raid zone).