Steady after closing up 0.55% with the U.S. dollar off 0.55% on Friday

Muted bounce in UK November retail sales - cautious UK consumers

UK current account and final GDP lead data today - unlikely to impact

Charts - neutral daily momentum studies, horizontal 21-day Bollinger bands

Mixed 5, 10 & 21-DMAs - a neutral daily bias, weeklies remain bearish

The 1.2475 November trend base held on Friday - now major support

Wednesday's 1.2730 high, then the 1.2810 December top are initial resistance

The 1.2446 May low and the 1.2810 December high are the pivotal levels

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