A touch softer after closing down 0.15%, with the U.S. dollar up 0.2%

UK wage growth and services inflation too high for rate cut, BoE's Greene

Most central banks are data-driven so major releases can change the outlook

Tight range likely in Asia ahead of retail sales data early in London

Charts; 5, 10 & 21-day moving averages plus 21-day Bollinger bands fall

Daily momentum studies slip - daily charts retain the bearish bias

Signals target 1.2369, 0.618% Oct-March rise, then the 1.2045 Oct 23 base

Yesterday's 1.2484 high then Monday's 1.2498 high are initial resist

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