GBP$ soft in NY afternoon, -0.33% at 1.2702; NorAm range 1.2770-1.2687

Trump trade-related USD buying continues, aided by steady U.S. inflation

UST yields off early session lows, belly of curve leads yields lower

Progress lowering US consumer inflation stalling; rate cut pace uncertain

Sterling support at 1.27 in sight as longs look to unload nL1N3MK0QP

For now, traders shrug off higher BoE policy view in 2025 IRPR

GBP$ supt 1.2687 Wednesday low, 1.2666 the Aug 8 low, 1.2591 daily cloud top

Res 1.2743 the 30-HMA, 1.2770 Wednesday high, 1.2819 the 200-DMA (fmr supt)