• +0.05% in a 1.3410-1.3430 range - busy early on LSEG FX Matching

• PM - tough decisions now will pay off later - will the honeymoon period end?

• No tier one UK data today, so risk appetite and the USD to lead GBP

• Charts - Monday's bullish outside day was validated by Tuesday's climb

• The daily momentum studies head higher, as 21-day Bollinger bands expand

• 5, 10 & 21 daily moving averages rise - daily charts suggest further gains

• Tests 1.3410 0.786% 2021/22 fall, close above targets 1.4250 June 2021 top

• Tuesday's 1.332 low then this week's 1.3249 base are initial supports

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