Cable in a wedge. Poised for bull breakout.

50% retracement @ 1.5784 has acted as resistance twice before has now turned into a good support level. Recent price pattern marked higher highs and higher lows confirming short term up-trend. Sustained move through 1.5910 should trigger stops on the upside.
Now talk of large strikes @ 1.5825 emerge.
This helps:
DRAGHI'S BOND PLAN SAID TO PLEDGE UNLIMITED, STERILIZED BUYING. ECB BOND PLAN SAID TO REFRAIN FROM SETTING PUBLIC YIELD CAPS.