• Steady in a 1.2378-1.2398 range with very light flow on D3

• UK consumer mood slides back to near 50-year low - GfK

• Cost of living crisis and industrial unrest weighs on sentiment

• Charts; mixed momentum studies, 21 day Bollinger bands expand

• 5, 10 & 21 DMAs rise - targets another test of 1.2441, 61.8% 2022 fall

• Close below 1.2140 21 day moving averages needed to end the topside bias

• London 1.2314 low and this week's 1.2435 top first major support, resistance

• Close above 1.2450 would be a strong bullish signal for next week

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