Cable holding up well as speculation grows that QE is coming to an end

Cable is holding up well, presently at 1.6480. Any dips are quickly running into renewed strong buying interest. Speculation is growing that the UK government is pretty much done with quatitative easing and this will be lending sterling support (see previous comment)

Technical resistances now at 1.6495/00 and then 1.6510.

Probably buy-stops just north of 1.6500.