Cable falls to 1.2122 as fresh equity losses weigh on risk-sensitive pound

1.2122 is low since Dec 7. 1.2223 was high pre-UK Nov retail sales data miss

Bids may emerge near 1.2100 (1.2109 was last week's low; 1.2101 is 200DMA)

1.2155 (Dec 8 low) is now a resistance level (1.2158 was Thursday's low)

UK Dec services PMI 50.0 vs 48.5 f/c; mfg PMI 44.7 vs 46.3 f/c nL1N3360JO

Halifax says UK house prices set to fall by around 8% next year nS8N30Z05C