• Off 0.1% after closing down 0.5% with the U.S. dollar up 0.55%

• BoE Economist Pill- BoE must look past budget's temporary inflation boost

• The BoE to focus on anything that might add to longer-term price pressures

• Charts - a second inside day as sterling continues to consolidate

• Neutral daily momentum studies, 21-day Bollinger bands gently ease

• 5, 10 & 21-day moving averages slip - signals have turned negative

• Thursday's 1.2877 low then last week's 1.2835 base are initial supports

• Last week's 1.3046 high then the 1.3103 Oct 15th top is next resistance

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