Steady - closed +0.25%, supported by yield spread expectations - USD +0.1%

BoE's Pill - UK food price inflation should fall to 10% in late 2023

Heavy July rain hurt UK retailers - spending growth lowest in 11 months

Analysts expect rising interest rates will cap consumer demand growth

Charts, mixed daily momentum studies, 21-day Bollinger bands expand

5, 10 & 21-day moving averages edge lower - net a modest downside bias

Thursday's bounce off 1.2627 61.8% May/July rise left a hammer reversal

Bullish signal targets 1.2820, 38.2% of the July/August fall

For more click on FXBUZ