GBP$ firm into NY close +0.3% at 1.1860; Friday range 1.1872-1.1805

Reduce Fed +100bp expectations for Jul 27 weighs on USD broadly

GBP bid may be short-lived as 2022 BoE hike path subordinate to Fed

Sterling risks remain tipped to downside after brief pause nL1N2YW17N

Supt at 1.1805 Fri low, 1.1761 Thursday's 2022 low, 1.1748 lwr 30-d Bolli

Res Thurs high 1.1891, 10-DMA 1.1940, 1.2007 38.2% Fib of 1.2405-1.1761

A close above 1.2083 50% Fib of 1.2405-1.1761 shifts momentum to bulls

EUR/GBP +0.4% to 0.8505, Fri range 0.8513-0.8470; EUR shorts on move thru parity lightening