+0.05% in early Asia after closing -0.15% with the USD and UST yields firmer

Bank of England's Bailey sees strong evidence of falling UK inflation

BOEWATCH prices 26pts of rate cuts in September- today's CPI will be pivotal

Charts; 5, 10 & 21 day moving averages fall with the 21-day Bollinger bands

Daily momentum studies slip - daily charts show a strong bearish bias

Move targets 1.2368, 0.618% Oct-March rise then the 1.2045 Oct 23 base

1.2471 London top and Monday's 1.2498 high are initial resistance

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