• Trades -0.8% with the USD up 0.75% as markets respond to US election news

• US stocks are up, E-mini S&P +0.6%, 10yr UST yields +11bp to 4.394% on TWEB

• Sterling and the Euro were 100% USD led in Asia on US election news

• UK economy risks a big hit under Trump tariffs plan - think tank says

• BOE to cut 25pts to 4.75% on Nov 7- BOEWATCH prices at 94% - outlook key

• Charts - positive daily momentum studies, 21-day Bollinger bands contract

• Neutral 5, 10 & 21-day moving averages - signals show little bias

• 1.2844 October low, then the 1.2665 August base are initial supports

• Last week's 1.3043 high capped - 1.3103 Oct 15 top is next resistance

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