• Steady near the base of a 1.2106-1.2134 range with some solid flows on D3

• UK pay settlements hit 6%, highest levels since 1991: XpertHR

• Pay rises well below inflation, but will be a concern for 2% BoE target

• No tier 1 UK data, so gilt yields, risk and the USD to lead in London

• Charts - bullish outside day left conflicting 5, 10 & 21 day moving averages

• 21 day Bollinger bands edge lower with mixed momentum studies

• Signals show no clear bias - 1.2166 21 DMA is pivotal resistance

• Tuesday's 1.2059 - 1.2147 NY range initial support and resistance

For more click on FXBUZ