• Up 0.15% in a 1.2692-1.2712 range with light flow on LSEG FX Matching

• Yen strength, USD/JPY -0.85% led the USD lower in Asia on inflation data

• Second-tier UK data- BoE Gov Bailey speaks on the Financial Stability Report

• There is no US data or Federal Reserve activity - European markets lead

• Charts - daily momentum studies base, 21-day Bollinger bands ease

• 5, 10 & 21-day moving averages coil - the negative setup is now neutral

• Wednesday's 1.2569 low, then the 1.2475 Nov trend low are initial supports

• A close above last week's 1.2713 high would be positive for next week

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