Steady early after closing down 0.05% resilient to the USD closing up 0.2%

Venture capital investment in UK start-ups fell in Q1 2024 - UK 3rd globally

UK jobs data leads event risk in London - Employment change RTRS poll +58K

Strong US retail sales added to the recent strong US data - caps GBP/USD

Techs; 5, 10 & 21-day moving averages fall, 21-day Bollinger bands expand

Daily momentum studies slip - last week's fall left a bearish outside week

Friday's 1.2426 low supports - break targets 1.2368, 0.618% Oct-March rise

The 1.2498 London high and the 1.2558 top on Friday are initial resistance

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