• Pair rises to test 1.2529 (Thursday's high)
  
  
• WTI threatens USD 50/barrel support level
  
  
• Resistance levels are 1.2529, 1.2541and 1.2546
  
  
• 1.2410 was Thursday's 3week low, after oil prices jumped
  
  
• Alberta budget deficit returns as lower oil revenue impacts
  
  
• 3rd estimate of US Q4 GDP at 1230GMT, +2.4% forecast and Fed Gov speaks 1945GMT