GBP$ surges to new 11-month high +0.54% to 1.2644, NY range 1.2653-1.2559

Initial dip post-payrolls reversed, traders focus shifts to BoE MPC May 11

U.S. inflation data May 10 of keen interest as well as UM-U.S. rates diverge

Payrolls driven surprise won't trouble sterling for long nL1N3721JQ

GBP bid as rate futures indicate inflation-related hikes to continue IRPR

GBP$ res 1.2653 Fri's 2023 high, 1.2667 May 27 2022 high, 1.2726 100-DMA

Support 1.2615 10-HMA, 1.2559 flash post-payrolls Fri low, 10-DMA 1.2517

Though bruised, rising 21-DMA support at 1.2474 has held on GBP drive higher

EUR/GBP hits new 2023 high as well at 0.8713, UK-EZ rates moving in UK favor