• Flat after closing +0.15%, resilient after Wednesday's fall - USD +0.35%

• UK services sector grew at fastest pace since August, PMI showed

• Tuesday-Thursday 10yr gilt yields +9bp, UST yields +10bp - markets calm down

• US holiday, UK has construction PMI, housing equity withdrawal- likely quiet

• Charts - 10, & 21-day moving averages climb, momentum studies crest/fall

• 21-day Bollinger bands expand - daily chart has a modest topside bias

• Key supports: 1.3586 21-DMA held on the close, then this week's 1.3563 low

• Resistance levels: Wednesday's 1.3751 top, then 1.3787 2025 high on Tuesday
Andy

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