The BoE Governor said we could finally see interest rate start  to rise in early 2016?. This is the second time that he has repeated the statement that interest rate may rise by the new year in less than a week.

So we could get  a strong push by the British Pound on the London Open.

looking ahead to the London Open

Sell Order : We have a good strong trend higher right now  I would like to see price fail to break WM4 @ 194.3945 look for a 123 pattern on a smaller time frame to enter a short order.

Buy order : I would like to see price retest  WR1 @193.0877 before going higher. enter on a 123 pattern on a smaller time frame to enter on  a long order .

Mark Carney :  Speech 16th July 2015

http://www.bankofengland.co.uk/publications/Documents/speeches/2015/speech832.pdf

Good Luck Trading today

2015-07-17_06-39-47

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