• Steady after closing up 0.3%, with EUR/GBP off 0.2% after resilient jobs

• PM Sunak explores public sector pay deal that backdates wage offer -FT

• A compromise on public sector pay, ending strikes would boost the economy

• Charts; Tuesday's strong close validates Monday's bullish outside day

• 10 & 21 day moving averages head lower, 21 day Bolli bands edge south

• Momentum studies conflict - daily signals show little bias

• Close above tested 1.2247 21 day moving average would be bullish

• 1.2120 NY low then this week's 1.2031 base are initial supports

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