• GBP$ firm in NY afternoon trade +0.57% at 1.3379; NorAm range 1.3409-1.3306

• Pair puts in fresh 4-week high just above 1.34, finds resistance ahead of 50-DMA by 1.3412

• UK payroll data comes in above f/c, wages either side of f/c, supports hawkish BoE view

• Wednesday's UK CPI/PPI in focus for clues to BoE policy; futures price BoE Nov 25bp hike

• Further down the road, traders cautious ahead of UK Autumn Budget on Oct 28

• GBP$ res 1.3409/12 Tues high/50-DMA, 1.3433 flat 200-DMA, 1.3474 daily cloud base

• Supt 1.3319 falling daily base line, 1.3300 psychological lvl, 1.3273 daily conversion line

GBP$ Chart:

(Paul.Spirgel is a Reuters market analyst. The views expressed are his own)