• Trade -0.1%, at the base of a 1.2158-1.2189 range, with the USD firmer

• UK jobs market eases again in December, cooling inflation fears nL8N33U4PX

• UK consumer spending rises, but outpaced by inflation nL8N33U4LE

• Charts; daily momentum studies conflict, 21 day Bollinger bands contract

• 5 & 10 day moving averages base, daily signals show no real bias

• Close above 1.2110 21 day moving average was a strong positive signal

• Targets 1.2342 upper 21 day Bolli band - Monday's 1.2113 London low supports

• Reasons to be cheerful amid sterling's economic gloom nL1N33V00Z

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