• +0.05% early after closing down 0.35% on weak jobs data, and the USD up 0.1%

• Progress in US-China trade talks in London will support Asian risk appetite

• UK's Fin Min Reeves speech to invest GBP 2 trillion on 'Britain's renewal'

• UK government hopes the stimulus counters the popularity of the Reform Party

• Charts - mixed 5, 10, & 21-day moving averages, momentum studies ease

• 21-day Bollinger bands contract - the daily signals show no strong bias

• Yesterday's 1.3563 top, then last week's 1.3616, 2025 high first resistance

• 1.3462 21 DMA and then 1.3417 May 29th base are the first supports
Andy

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