Steady after closing flat, but resilient against a 0.4% USD bounce

Strong UK PMIs were behind the sterling strength - cooling BoE cut hopes

GfK UK consumer confidence in personal finances at an almost 3-year high

BOEWATCH prices no September rate cut at 72.86% from 63.96% last Friday

Charts - positive daily 5, 10 & 21 moving averages, as 21-day Bolli's expand

Mixed momentum studies head higher - a bullish daily and weekly setup

The current uptrend now targets a test of the 1.3144 July 2023 top

The next resistance above 1.3144 is 1.3410, 0.786% of the 2021-2022 fall

Sustained break of 1.2955 10-day moving average to end the topside bias

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