By ForexMansion.com
Cable has been bullish for quite some time now, albeit at a snail’s pace. Today we finally broke through the 1.63 resistance area which has kept the pair down for several weeks now. This pair has shown that it is heading to 1.65, and then 1.70 as well. The BoE is expected to raise rates soon, and the Fed is absolutely refusing to do so. Because of this, look for continued strength.
