• GBP$ firm into NY close, +0.6% at 1.2520, NorAm range 1.2542-1.2454

• Above-f/c PPI shrugged off as components hint at lower inflation

• Tariff delay talk and Russia-Ukraine ceasefire optimism weigh on USD

• Comforting US PPI might not do much for sterling

• Trader await next week's UK employment, price data for policy clues

• GBP$ res 1.2542 Thurs high, 1.2571 50% of 1.3043-1.21, 1.2620 dly cloud top

• Supt 1.2498 rising 10-HMA, 1.2442 Thursday low, 1.2382 flat 30-DMA

GBP Chart:

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