Although Cable has surged through 1.7000 and looks like it could be on the verge of a major breakout, longer-term technical studies continue to warn against this outlook and suggest we could soon see a significant reversal.
Cable Clears 1.7100 But Don't Expect Gains To Last01 Jul 2014 00:02 BST · Time Estimate: 0 seconds · JKonFX
Forex Daily Analysis 1st July 2014
About Joel Kruger
I am a seasoned currency strategist and professional trader. I have worked for investment banks, fixed income research advisories and a leading foreign exchange brokerage. In 2012, I set up JKonFX.com to offer my daily insights and trading strategies.