• Steady after closing down 0.33% after earlier gains, with the USD up 0.1%

• A tight Asian range is likely ahead of the monthly UK data dump, led by GDP

• The UK and Germany will jointly develop a 2,000-km-range strike weapon

• Economic co-operation between UK and Europe's largest economy is good news

• Charts - mixed 5, 10, & 21-day moving averages, momentum studies conflict

• 21-day Bollinger bands contract - the daily charts remain neutral

• Wednesday's 1.3361 high, then last week's 1.3402 top are first resistance

• Bears need a close below the resilient 1.3165, 0.3825 of the April rise
Andy

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