Monetary Policy Report – Dominion Markets https://www.dominionmarkets.com/marketanalysis Thu, 02 Feb 2023 01:44:41 +0000 en-CA hourly 1 https://wordpress.org/?v=6.4.2 https://www.dominionmarkets.com/marketanalysis/wp-content/uploads/2021/11/favicon-32x32-1.png Monetary Policy Report – Dominion Markets https://www.dominionmarkets.com/marketanalysis 32 32 GBPJPY Technical Analysis 02.02.2023 1h chart https://www.dominionmarkets.com/marketanalysis/2023/02/01/gbpjpy-technical-analysis-02-02-2023-1h-chart/ Thu, 02 Feb 2023 01:44:41 +0000 https://www.dominionmarkets.com/marketanalysis/?p=2649
– Previous Daily candle closed Bearish at 159.490 as price tapped into the Daily Support formed on Friday 20th January 2023 as planned on the previous Analysis posted.
– Buys on close above 159.730 targeting 4h previous Support formed at 160.090, Leaving Runners to the 4h Resistance formed at 160.520.
– Sells on close below 158.970 targeting Monthly / 1h recent Support formed at 158.530, Leaving Runners to the next 1h Support formed at 158.050.
– High Impact News ahead for the Pound Sterling 1h before New York session opens as follow : Bank Of England Monetary Policy Report, MPC Official Bank Rate Votes, Monetary Policy Summary and the Official Bank Rate forecasting an increase of 0.50% from 3.50% to 4.00%.
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