Pound pops 1.5700 but can’t maintain the break

5 pips was the most that cable could muster above 1.5700 and we’re back below by around 12 pips.

1.5735/40 remains the ultimate target with 1.5670 and broken resistance at 1.5660 the first support levels if we go back down.

GBPUSD M30 chart 24 11 2014 2

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