• +0.1% at the top of a low-key 1.2158-1.2175 range on D3

• There is no UK data or scheduled Bank of England events today

• Risk appetite, yield differentials, and the USD likely lead sterling

• Charts; 5, 10 & 21-day moving averages coil, neutral momentum studies

• 21-day Bollinger bands flat line - mixed signals as the range dominates

• Choppy consolidation in the October 1.2038-1.2337 broad range set to extend

• Last week's 1.2093 base and Tuesday's 1.2288 high first support, resistance

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