The agreement brokered by Egypt and UN Special Coordinator for the Middle East Peace Process Nickolay Mladenov will end another round of military confrontation between Israel and Hamas a source from Hamas told Xinhua news agency.
"A calm-for-calm deal has been brokered by Egypt and by the UN Special envoy on condition that the Israeli occupation should respect the agreement " the Hamas source said on condition of anonymity.
"The Palestinian resistance has the right to respond to any Israeli violation " the source added.
Meanwhile a source from the Popular Resistance Committees a coalition of armed Palestinian groups in Gaza said the agreement came into effect at midnight.
Israeli war jets have struck more than 150 sites in Gaza since Wednesday overnight killing a pregnant woman her baby and a Hamas fighter while Gaza militants launched more than 100 rockets toward southern Israel injuring over 20 Israelis.
--IANS pgh/