• Steady after closing little changed - choppy but an inside day

• GDP missed, with a recession viable as inflation hits consumers nL5N2W90Y3

• UK retailers see sales slow as cost pressures rise - BRC nS8N2RN03J

• Data suggests a difficult summer for the UK economy - while COVID continues

• Charts; mixed momentum studies, 21 day Bollinger bands gently contract

• 5, 10 & 21 day moving averages ease - net the base still the weak side

• First support is 1.2995 lower 21 day Bolli band then Friday's 1.2982 base

• London 1.3057 high then Friday's 1.3088 top are initial resistance

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