Touch softer after closing up 0.3% on Friday, recording an inside day

Confidence returning to UK housing market as asking prices jump

Resilient housing market as the economy beats dour expectations

Charts; mixed momentum studies, 5, 10 & 21-day moving averages crest/fall

Horizontal 21-day Bollinger bands - negative setup despite Friday's bounce

Targets a test of 1.2345, 38.2% of the 2023 rise, with 1.2242 50% below

Friday's 1.2484 and Thursday's 1.2495 tops are initial resistance

NY 1.2422 low Friday and Thursday's 1.2392 low are the first supports

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