Flat, closed +0.2%, EUR/GBP -0.8%, BoE optimistic on 2022 growthnL1N2KA0T6

No negative rates short term, or longer term if growth forecasts correct

Charts; 5, 10 & 21 daily moving averages conflict, momentum studies slip

Neutral setup suggests further choppy consolidation, no trend evident

Rebound off 1.3569 61.8% 2021 rise makes this the key support level

1.3759 2021 range high in January and February is pivotal resistance

NY afternoon 1.3651 low and NY 1.3698 high initial support-resistance

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