By Paul Spirgel — Sep 16 - 01:50 PM
GBP$ holds gain in NY afternoon, +0.6% at 1.3203; Monday range 1.3214-1.3126
Pair bid as Fed -50bp odds rise, IRPR indicates 60% odds come Wednesday
BoE -25bp odds rising was 20% last week, now hovers near 40% IRPR
Sterling eyes 2024 highs as BoE seen less-dovish than Fed, for now
UK CPI Wed pre-Fed rate decision in focus; core m/m f/c 0.4% vs 0.1% in July
Res 1.3214 Mon high, 1.3269 Aug 27 high on Aug 27, 1.3367 upper 30-d Bolli
Supt 1.3172 the 21-DMA, 1.3126 Monday Low, 1.3064 Senkou line
Source:
Refinitiv IFR Research/Market Commentary