+0.1% after closing down 1.25% with risk appetite and stronger U.S. dollar

British shoppers defy cost-of-living crisis at Christmas nL8N33Q1M5

Uk's economic outlook remains weak, but may improve if confidence returns

Expecting risk appetite and the U.S. dollar to lead sterling in Asia

Charts; daily momentum studies, 21 day Bollinger bands gently ease

5, 10 & 21 day moving averages head lower, setup remains negative

1.1848 lower 21 day Bollinger band, 1.2111 21 day moving average key levels

Late New York 1.1873-1.1934 range is initial support, resistance

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