• +0.05% in early Asia after closing up 0.2%, with the U.S. dollar off 0.4%

• UK employer pay rises are steady at 3%, as soft signs grow - Brightmine says

• Pay rises are a key indicator of the Bank of England's interest rate policy

• EU, Britain go ahead with new Russia sanctions without waiting for Trump

• A tight sterling range is likely in Asia ahead of key CPI inflation data

• Charts - 5, 10, & 21-day moving averages, momentum studies base or rise

• 21-day Bollinger bands expand - modest positive setup at recent range high's

• Trading the six-week 1.3165/1.3445 range with tight stops makes sense

• May 1.3402 top under pressure, 1.3440 upper 21-day Bollinger next resistance

• Friday's 1.3251 low then 1.3165, 0.382% of the April rise are first supports
Andy

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