• +0.2% early - fresh 1.2641 2025 high early after closing off 0.1% - stops?

• GBP likely quiet in Asia ahead of key UK CPI inflation data - poll 2.8% y/y

• Accelerating February wage growth highlights BoE's inflation caution

• BoE Gov Bailey hopes for less long-end bond volatility, led by US tariffs

• Charts- 5, 10 & 21-day moving averages climb, as 21-day Bolli bands rise

• Positive daily momentum studies - bullish daily signals underpin sterling

• Friday's 1.2550 low and then Thursday's 1.2442 base are initial support

• Testing Monday's 1.2635 high, then the 1.2788 200-DMA are first resistance
Andy

(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)