• -0.1% near the base of a 1.2305-1.2325 range - low key volumes on D3

• EU and UK locked in discussions on a post-Brexit customs deal

• Appears that there is real effort in talks to reach a timely agreement

• A successful customs deal compromise would be a strong sterling positive

• Techs; 5, 10 & 21 day moving averages conflict, 21 day Bolli bands contract

• Momentum studies slide - neutral setup above pivotal 1.2262 21 DMA

• Sustained 1.2450 Dec/Jan range top break would target 1.2666 May high

• Close below 1.2262 21 day moving averages would be a bearish signal

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