• -0.1% near the base of a 1.2553-1.2572 range with only occasional D3 flow

• EUR/GBP trades at the base of a 0.8760-0.8775 range with consistent flow

• UK and European holidays so the USD and risk appetite to lead sterling

• Charts; momentum studies base or rise, 5, 10 & 21-day moving averages climb

• 21-day Bollinger bands head higher - a positive trending setup

• Closed above the 1.2545 prior range top, which becomes initial support

• Targets a test of 1.2665 May 2022 high, then 1.2751, 61.8% 2021/2022 fall

• 1.2545 prior range top and 1.2583 NY high initial support and resistance

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