Sterling slides into NY cls, -0.57%, NorAm range 1.2130-1.2049

Disappointing UK GDP, output data; UK avoids expected recession for now

GBP/USD had held supt thru all time zones in early NY, dropped into Lon cls

Pair back w/in daily cloud (1.2064-1.1798), eyes Feb 7 low 1.1962

Further supt at lwr 30-d Bolli 1.1908, 100-DMA at 1.1846, & 2023 low 1.1842

Res Fri high 1.2138, falling 10DMA 1.2163, 1.2205's 50% Fib of 1.2448-1.1962

10-DMA below 21/30/55-DMAs hints at increased bearish structure

EUR/GBP -0.07% to 0.8852, Fri range 0.8870-24; moves dollar based

UST front-end yields holding near trend highs supporting the dollar