GBP$ firm into London cls, +0.07% at 1.2718; Thursday range 1.2719-1.2630

Early losses reversed as UST yields, favored trump trades come off the boil

Risks remain tipped to downside as Trump transition gains momentum

Fundamentals likely to temper slide as mkt acclimates to evolving US policy

LSEG IRPR indicates, UK rates landing at higher base in 2025 relative to Fed

Res 1.2720 Nov 14 high, 1.2728 23.6% Fib of 1.3046-1.2630, 1.2820 200-DMA

Supt 1.2675 the 10-HMA, 1.2630 Thursday low, 1.2613 Jun 27 low