• GBP$ firm in NY afternoon trading +0.30% at 1.3528; NorAm range 1.3561-1.3527

• Dollar was broadly offered after US retail sales confirms less-hawkish Fed policy path

• LSEG's IRPR indicating lower odds for Sept/Oct Fed hike, sees +23bp by Dec FOMC

• BoE looking a tad more hawkish, after post-Fed dovish shift; 63% odds for Nov hike

• Further out the front-end strips, Fed seen +33bp by Dec 2027, BoE +57bp; advantage GBP

• Next wk's UK jobs, CPI in focus for policy clues; soft prints may temper current ebullience

• GBP$ res 1.3561 Friday high, 1.3566 rising upper 30-d Bolli, 1.3658 the May 1 daily high

• Supt 1.3500 psychological lvl, 1.3475 daily low Aug 13, 1.3415 rising 200-DMA

Sterling Chart:


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