• Touch firmer after closing up 0.45%, negating Monday's bearish outside day

• USD back in the driving seat and continues to trend lower, supporting cable

• Extended lockdowns in UK suggest a tough start to 2021 economy nL8N2JG1KH

• British firms report a heavy impact from the November lockdown nL8N2JG3T3

• Charts; neutral momentum studies, 5, 10 & 21 daily weekly & monthly MAs rise

• Positive setup - 1.3677, 76.4% 2018-2020 fall major resistance on the close

• Close below 1.3475 21 DMA, a base last week, would end topside bias

• NY 1.3560-1.3641 range is initial support and resistance

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