• -0.05% after closing up 1.45% on Friday as U.S. jobs fuelled a risk surge

• UK's new legislative agenda to build on measures to grow the economy

• Securing "the benefits of Brexit" will be a priority - PM Sunak's office

• Charts; momentum studies, 5, 10 & 21-day moving averages head higher

• 21-day Bollinger bands expand - positive setup suggests further gains

• Targets 1.2435 200 DMA and 1.2460 38.2% of the 2023 fall in Jul/Oct

• Close below 1.2337 October high would flag caution to bulls

• 1.2337 October high is initial support and 1.2389 NY high resistance

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