BoE has made a statement that it will not be making any emergency rate hikes, will this be enough for any bullish movement?

From a technical overview, the shares of Natwest are currently trading at 222.95p. On the downside, minor support sits at 215.18p with further resistance at 200.25p (blue oval). A break below the resistance highlighted with the blue oval may result in another decline in the stock's price towards the major support level at 182.82p (red oval). However, on the upside, the first level of resistance sits at 233.50p. A break above this level could see some signs of recovery as gains have been tarnished in the last couple of weeks. Bank of England has announced that it will not be making any emergency hikes just yet, but will go big on the 3rd of November. Hence, the likelihood of any bullish movements has just slightly increased. MACD is neutral but heading towards a negative stance and RSI reads 44, just turned negative.