• Off 0.15% in a busy 1.3385-1.3415 range on LSEG FX Matching - USD +0.1%

• Surprise China stimulus, cutting rates and injecting liquidity dominated

• There is no tier one UK data today, so risk appetite and the USD lead GBP

• U.S. Core PCE Price Index will be key for Fed expectations, and GBP/USD

• Charts, neutral daily momentum studies, as 21-day Bollinger bands expand

• 5, 10 & 21 daily moving averages rise - daily charts remain positive

• 1.3410 0.786% 2021/22 fall holds, close above targets 1.4250 June 2021 top

• 1.3309 10-day moving average and this week's 1.3249 base initial supports

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