• GBP/USD extends decline in Asia after closing 0.7% lower on Wednesday

• Undermined by Fed's 25bps hawkish hike, Warsh's concern on inflation

• 16 of 18 policymakers see at least one additional 25 bps increase this year

• Markets price in 50% chance of Oct hike; Dec move fully priced

• 63bps of Fed hikes priced by Mar; Fed-BoE policy diverge in near-term

• BoE rate decision Thu, hold expected; repeat of July's 6-3 vote likely

• 1.3368, 76.4% Fibo of July-Aug rally threatened ; break opens 1.3345, 1.3300

• Resistance 1.3420, 1.3445-50; Wed range 1.33745-1.3493, Asia 1.3370, 1.3386
GBP:

(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)