* Steady early after closing down 0.5% with the U.S. dollar 0.5% higher
    * Yields spreads widened, 10yr gilt +8bp 4.139%, 10yr UST +12bp 4.196%
    * BoE rate-setter Megan Greene supports a cautious approach to cutting rates
    * Charts - daily momentum studies ease as 21-day Bollinger bands slide
    * 5, 10 & 21-day moving averages slip - signals show a bearish bias
    * 1.2975 low last week is close, break targets 1.2900 0.382% Oct-Sep rise 
    * 1.3103 high last week then 1.3154 21-day moving average are first
resistance
    * A close below 1.2900 would target 1.2736, 0.5% of the April-September rise

For more click on  FXBUZ 

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Andy    https://tmsnrt.rs/3YzTHb7
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 (Andrew Spencer is a Reuters market analyst. The views expressed are his own.)
 ((Andrew.m.spencer@thomsonreuters.com))