• Off 0.1% in a tight 1.2642-1.2660 range - quiet after early FX Matching flow

• UK retailers report weak November sales - Black Friday counted in December

• BOE Governor Andrew Bailey gives a pre-recorded interview at an FT event

• There is no other significant UK data today, so risk and the USD lead GBP

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

• 5, 10 & 21-day moving averages coil - signals display a neutral setup

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

• Well tested 1.2720 21 DMA then 1.2841, 0.382% Sep/Nov fall first resistance

For more click on FXBUZ