• Steady after closing down 0.35% as UK jobs cooled, with the USD up 0.15%

• Panel of UK lawmakers believe Crypto should be regulated as gambling

• Regulation of the Crypto sector is a global issue - EU leads the way

• Expecting a session of tight-range trading, led by the USD and risk appetite

• Charts; momentum studies show mixed signals, while 5, 10 & 21-DMAs conflict

• 21-day Bollinger bands contract - consolidation leaves a neutral setup

• 1.2436 May base and the 1.2679 May high are the key short-term levels

• Early London 1.2466 - 1.2545 range is initial support, resistance

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