Cable looks to shake off key resistance region in latest push higher today ...Middle East

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Cable looks to shake off key resistance region in latest push higher today
source : forex live ( Middle East ) () 18
GBP/USD daily chartThe pound is finding comfort from the better-than-expected UK PMI data earlier here, with GBP/USD now rising up by 0.5% to 1.2550 levels. The thing to note about the rise today is that perhaps buyers are looking to be able to shake off key resistance around 1.2500 with the 100-day moving average (red line) also resting nearby.That has kept price action more contained so far this week but we might just finally get a breakout today after the better data. The question is, can the break hold and is the data significant enough to warrant that?I reckon that it just might. For one, there are a couple of things to be mindful of with the UK headlines today. With regards to the PMI

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