• GBP$ firm in NorAm trading, +0.13% at 1.3282; NorAm range 1.3292-1.3220

• Slight gain obscures cable drift to fresh 2-wk high near 1.33

• Pair caught a bid after Warsh's Sintra comments on easing inflation risks

• Rally stalled ahead of big-figure resistance at 1.33 awaiting Thursday NFP data

• LSEG's IRPR indicating 80% odds for Fed cut in Sept, +35bp by Dec FOMC meet

• BoE policy path a touch more dovish, futures indicate +17bp by Dec MPC meeting

• GBP$ res 1.3300 psychological lvl, 1.3325 daily high June 18, 1.3399 200-DMA

• Supt 1.3227 the 10-DMA, 1.3200 big-figure supt, 1.3155 lower 30-d Bolli

Sterling Chart:


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