• -0.05% after falling 0.35% Monday on broad USD strength in illiquid markets

• British executives expect high inflation to squeeze profits nL5N2WC4UH

• UK employers offer average 2.8% pay rise to staff - survey nL5N2WC3Z9

• British employees set to experience falling living standards in 2022

• Charts, momentum studies, 5, 10 & 21 day moving averages conflict

• 21 day Bollinger bands edge lower - mixed signals - modest downside bias

• Last week's 1.2973 2022 low and 1.2963 lower 21 day Bolli band first support

• NY 1.3041 high then last week's 1.3147 top are initial resistance

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