• +0.05% with the U.S. dollar unchanged in a quiet Asia on FX Matching
• PM Starmer wins vote on UK welfare reform but suffers a damaging rebellion
• Despite holding a large majority, Starmer must keep the left wing onside
• UK pay awards rise to 3.4% in three months to May, IDR survey shows
• No tier 1 UK data - MPC Member Taylor will speak at the ECB forum in Sintra
• Charts - 5, 10, & 21-day moving averages climb, positive momentum studies
• 21-day Bollinger bands expand - daily signals retain a topside trending bias
• Key support levels: This week's 1.3674 low, then 1.3639/1.3582 10 & 21 DMAs
• Resistance levels: Yesterday's 1.3787 2025 top, then the 1.4250 2021 peak
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)