Gaza ceasefire holding

Israeli PM Benjamin Netanyahu said he will give the ceasefire a chance, but warned of possible resurge.

Israeli PM Benjamin Netanyahu

TEL AVIV - A ceasefire between Israel and Gaza's Hamas rulers appears to be holding nearly a day after it was announced.

Life in the Gaza strip has returned to normal, with honking horns replacing the sound of air strikes and missiles coming into Gaza city.

The situation has also calmed down in southern Israel, with thousands saying they are ready to reclaim their lives.

"All people are practicing their normal lives. People are now roaming the streets," one resident said.

But people are waiting to see what will happen next.

Meanwhile, Israeli Prime Minister Benjamin Netanyahu said he was willing to give the ceasefire a chance.

He also warned of the possibility of reopening the conflict, saying that is still on the cards.