GBP$ ending Fri trade a tad soft by 1.2378, NorAm range 1.2397-36

Pair put in 1.2435-1.2171 range this week, 1.24 has remained magnetic

Sterling bulls wary of 1.24, hopeful BoE stays on hawkish path nL1N3451BG

Early Feb Fed, BoE meetings in focus, but first US core PCE Jan 26

Fed seen +25bp, BoE 66% odds for +50 lends supt to GBP$; Dec 14s 1.2446 eyed

Res at upper 21-d Bolli 1.2421, Dec high 1.2446, May/June wkly top by 1.2660

Supt 1.2335 Fri low, 1.2254 10-DMA, daily cloud top & 30/21-DMAs by 1.2160

EUR/GBP +0.1% at 0.8754, Friday range 0.8786-44; EUR firm as ECB seen more united on high rates