Steady after closing up 0.37% with solid risk appetite - US dollar off 0.4%

PM Sunak promises tax cuts in the budget after meeting his inflation pledge

Next UK gov't will find it hard to avoid raising taxes to maintain services

A free-spending UK budget on Wednesday will be poorly received by markets

Charts; 5, 10, and 21-day moving averages climb with daily momentum studies

21-day Bollinger bands expand, which is a strong positive trending setup

1.2590 50% of the July-October fall remains the now close longer-term target

1.2462 New York low, then Monday's 1.2447 Asian low are initial supports

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