-0.1% near the base of a 1.2421-1.2439 range - only occasional D3 interest

No significant UK data today, so the USD and risk appetite to drive sterling

Plenty of Fed speakers today, Yellan, BOC's Macklem, and BoE's Tenreyro

Charts; momentum studies flat line, 5, 10 & 21 day moving averages coil

21-day Bollinger bands contract - uptrend consolidates - neutral setup

Close below the resilient 1.2395 rising 21 DMA would be a bearish signal

Sustained 21 DMA break targets 1.2262, 38.2% of the March/April rise

1.2396 21 DMA and Asia's 1.2439 high are initial support and resistance

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