• -0.15% in a busy 1.2313-1.2337 D3 range - E-mini S&P -0.45% caps risk

• Amazon warehouse workers at Coventry walk out over pay in a UK first

• They join a slew of public sector workers as the cost of living crisis bites

• UK PPI leads data risk in London, though unlikely to impact on sterling

• Charts; momentum studies conflict, 21 day Bollinger bands head higher

• 10 & 21 DMAs rise - targets a close above 1.2441, 61.8% 2022 fall

• Sustained 1.2450 break would open the door to 1.2666 May high

• Close below 1.2182 21 day moving averages would end the topside bias

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