• Steady after closing up 0.9% with the U.S. dollar off 0.75%

• GBP/USD bought from Wednesday's London open without any significant news

• Pre-Thanksgiving month-end rebalancing saw UST yields and the USD lower

• Without significant UK data or BoE events the USD, risk appetite to lead GBP

• Charts - daily momentum studies base, 21-day Bollinger bands ease

• Mixed 5, 10 & 21-day moving averages - the negative setup turned neutral

• Wednesday's 1.2569 low then the 1.2475 Nov trend low are initial supports

• A close above last week's 1.2713 high would be a positive signal

For more click on FXBUZ