Just looking at the charts below, here were my observations at the open:

• On the daily chart the market was trading below the 20MA, although we had seen the market push up from previous support on Friday, and potentially this looks like a good area to bounce up from
• On the hourly chart the FTSE seems to be trading in an upwards sloping channel, and quickly dipped back down to tested the bottom of that channel at the open
• On the 5 minute chart, the market had been trading in a tight range overnight, then headed lower and bounced off support at approx. 6249 (one of the pink lines drawn on the chart prior to the open).

As I look at the chart now, price has come off an intraday resistance level at 6283 (a red line on the chart that was drawn a few minutes ago). I think that we could be range-bound between the 6249 & 6283 levels for most of the day.

Looking at my economic calendar, BOE Governor Mark Carney is scheduled to speak this afternoon at 3pm, so expect some volatility at the end of the day.