• Trades up 0.1% in a 1.3276-1.3309 range on FX Matching - USD steady

• FX majors are often low-key ahead of the volatile US employment data

• Positive sentiment in Asia, Nikkei +0.7%, E-mini S&P +0.8%, FTSE Jun +0.6%

• Trump tariffs could prompt the Bank of England to signal faster rate cuts

• Charts - neutral 5, 10, & 21-day moving averages, 21-day Bolli bands climb

• Negative daily momentum studies - uptrend stalled - no strong bias

• The resilient 2024 1.3434 high caps - break would target the 1.3749 2021 top

• Thursday's 1.3261 low, then the 1.3203 April 17th base, are initial supports

• A close below 1.3169, 0.382% of the April rise, would be a bearish signal
Andy

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