• Slipped 0.05% with the USD up 0.1% and 10-year Treasury yield +3bp to 3.802%

• Sterling trades at the base of a 1.3083/1.3096 range with light D3 flow

• Flash August Manufacturing and Services PMI leads event risk in London

• Charts - positive daily 5, 10 & 21 moving averages, as 21-day Bolli's expand

• Daily momentum studies head higher - a bullish daily and weekly setup

• The current uptrend now targets a test of the 1.3144 July 2023 top

• The next resistance above 1.3144 is 1.3410, 0.786% of the 2021-2022 fall

• Sustained break of 1.2920 10-day moving average would end the topside bias

For more click on FXBUZ