GBPUSD 4HRS

Sterling pared some of the post-GDP losses today after BoE minutes revealed that an additional member voted for a rate hike in January. Andrew Sentance called for gradual removal of policy accommodations since last June. This time, Sentance was joined by Martin Weale and both considered that "the continued elevated rate of inflation, which was forecast to persist, posed a significant risk to inflation expectations and hence to the medium term outlook for inflation." Meanwhile, for some of the other seven members who voted to leave rates unchanged, the decisive was "finely balanced". Nevertheless, some members feared that a rate hike in January would "case expectations of a relatively sharp tightening of monetary policy" and have a "detrimental impact on confidence and activity. Meanwhile, Adam Posen once again voted for expanding the asset purchase program by another GBP 50b.

With above news from FX360 

I've believe there are a number of levels that the £/$ could test

1.5933

1.5984

We also have an Elwave count 

WXY the a minor ABC ending at 1.5750 signifying the start of wave 1 the up in 2 which could end at 

1.5933 of the 100% or the 127% extension from the ABC we also have a breach of poseidon and a retest of the back of the trend line and test of the middle Bollinger bands

i suspect we could see a brisk rally on the back of the above news  a test of the highs of the  recent drop and the falling trend line around 1.5933 and 1.5984