Middday Missive

We have no positions…The orders below are good working orders.
These are the orders that should be working!
Today’s Working Orders ….
SELL USAU (30 yr. Bond Futures) @ 140.14
​​BUY​  GBP/USD @ 166.75
………………………………………………………………………………….
EUR/GBP …The rally in the Euro was primarily driven by the cross after BOE Carney statements this A.M.
This has a potential ORH pattern, however I think it’s already rallied too far today for anymore follow through.
Gilts & Bunds… are being bought against the Italian and U.S. Treasuries.Both have potential ORH days in play. This bears watching as it can have a spill over effect into our markets.
​GBP/USD…has a potential daily ORL pattern​ , however with the RSI’s so low I’m leaving the order to buy Sterling​
​ just above the 200 DMA​  looking for a bounce.​
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