Steady after closing off 0.65% with the USD up 0.4%, EUR/GBP +0.35%

GBP weak on profit taking into today's busy UK GDP-led data schedule

Expecting a quiet sterling session in Asia ahead of upcoming data

Techs - daily momentum studies crest, horizontal 21-day Bollinger bands

5, 10 & 21-DMAs ease - a modest negative bias, weeklies head lower

A bearish outside day on Thursday needs a close below 1.2716 to confirm

Last week's 1.2619 low, then the 1.2475 November trend low initial supports

Dec 6 1.2810 recovery top then 1.2839, 0.382% Sep/Nov fall resistance

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