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• GBP/USD remains under pressure in Asia after closing 0.25% lower on Thursday
• Undermined by hawkish Fed expectations, risk aversion and broadly firmer USD
• Fading prospects for a Iran peace deal, higher oil prices, AI concerns weigh
• US PPI Fri, Sep UK employment and Oct inflation next week key for direction
• GBP threatens a weekly close below 1.3281, the 200-week MA which is bearish
• Key support at 1.3322, 76.4% Fibo retracement of Oct-Nov rally under threat
• Break opens 1.3137, October low; resistance 1.3270-80, 1.3330-40
• Thursday range 1.3223-1.3281, Asia 1.3229-1.32405
GBP:
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)