+0.1% in Asia, trades around the middle of a busy 1.2371-1.2400 range on D3

Risk on, and the USD under pressure after the FOMC - on soft landing hopes

BoE set to hike 50pts to 4% - outlook will be pivotal for sterling

Techs; 5, 10 & 21 day moving averages conflict, 21 day Bolli bands contract

Neutral momentum studies - no strong bias - uptrend remains stalled

Sustained 1.2450 Dec/Jan range top break would target 1.2666 May high

Close below 1.2281 21 DMA, a base this week would be a bearish signal

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