• Unchanged in a 1.2660-1.2677 range with only occasional FX matching flow

• French lawmakers brace for more turmoil as no-confidence vote looms

• Events in France, EZ credit markets could easily produce EUR/GBP volatility

• No UK data today, but a raft of US data and Powell speaks - USD to lead GBP

• BoE Governor Bailey gives a pre-recorded interview at an FT conference

• Techs - daily momentum studies climb, 21-day Bollinger bands contract

• 5, 10 & 21-day moving averages coil - neutral daily setup, bearish weeklies

• Last Wednesday's 1.2569 low, then the 1.2475 Nov trend low initial supports

• Well tested 1.2686 21 DMA then 1.2841, 0.382% Sep/Nov fall first resistance

• A close above 1.2841 needed to end the September/November downtrend

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