Bank of England governor Mervyn King told a local U.K. newspaper that the country’s banking sector is “not in good shape,” and that he saw the decline in the British pound as “helpful” to re-balancing of the country’s economy. When the market got word of King’s comments, sterling got smoked. Multiple short trade setups on the GBP/USD currency pair materialized during the first hour of today’s New York session. Those who shorted the cable realized a profit of up to 170 pips [depending on entry and exit strategy].
Curt Wehrley
FX Bootcamp’s Quantitative Analyst
Video Trade Journal by 


Great video coach. Thanks for that!
Hi Curt , great video, Thanks
very detailed & professional
Very clear and informative. Thanks for your assistance.
Ron Williams
Thanks!
nice
Thank you for the presentation, very educational
Hey Curt keep em coming - your coaching is excellent…