• Flat in a 1.3516-1.3544 range with moderate interest on FX matching

• Fin Min Reeves approves $21 billion of transport projects outside London

• The policy will be well-received by voters in the battle with Reform UK

• There is no tier one UK data- fallout from Trump's 'best offer' tariffs lead

• Charts- 5, 10, & 21-day moving averages rise with neutral momentum studies

• 21-day Bollinger bands expand - the daily signals suggest further gains

• Last week's 1.3593 2025 top, then 1.3749 2022 high are initial resistance

• Monday's 1.3457 low and last week's pivotal 1.3417 base are first supports
Andy

(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)