Steady after EUR lead the USD lower as USD/GBP closed +0.5%, EUR/GBP +0.15%

Move was not data-driven, though U.S. default fears cap the U.S. dollar

No tier 1 UK data - tight range trading likely into U.S. GDP tonight

Charts; Momentum studies flat line, 5, 10 & 21-day moving averages coil

21-day Bollinger bands contract - consolidation continues - neutral setup

1.2346 mid-April low and 1.2545 2023 high are key support and resistance

NY 1.2455-1.2515 range is the initial support and resistance

Close above 1.2545 2023 high would be a strong positive signal

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