• GBP$ boosted in NY afternoon, +0.23% at 1.3322; NorAm range 1.3345-1.3280

• Post-Fed hold rally after vote came in 9-3, Hammack, Kashkari & Logan vote to hike

• Warsh says will not hesitate to act, nominal/real yields higher, inflation can't be cured in 9 wks

• Discussion centered on 5 yrs high inflation, recent econ shocks, oil price rise, monpol tools

• Markets react to less-hawkish hold; hike odds, USD and front-end yields lower

• BoE Thursday moves into focus, no change expected; dovish lean may reverse today's rise

• GBP$ res 1.3345 the post-Fed rise, 1.3362 the 50-DMA, 1.3398/99 200-DMA/daily cloud top

• Supt 1.3300 psychological lvl, 1.3280/74 Wed/Tues low area, 1.3213 June 30 low

GBP Chart:


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