• -0.1% in a 1.2383-1.2402 range in a very quiet start to the week on D3

• Light weekend news ahead of Fed, BoE, and ECB rate decisions this week

• UK PM Sunak sacks Conservative Party chairman Zahawi over tax affairs

• Conservative gov't suffers continued scandal, but little chance of elections

• Charts; 10 & 21 day moving averages, 21 day Bollinger bands head higher

• Neutral momentum studies - net positive setup needs progress soon

• Close above 1.2450 would target a test of the 1.2666 May high

• Close below 1.2235 21 day moving averages would end the topside bias

For more click on FXBUZ