A push up the rectangle is a strong resistance zone break and a wedge break upwards too. Note the Monetary Policy and Asset Purchase reports tomorrow.
Comment:
The asset purchase and monetary policy reports are to arrive shortly. Good scalping opportunity for the Cable, which may result from the breaking of the wedge formation and therefore may soar to the 78.6% retracement zone. Several bearish rejections are found in the trend resistance. Again, it all depends on the reports.
