• GBP$ near session low in NY afternoon trade, -0.31% at 1.3335; Mon range 1.3602-1.3514

• Middle East angst weighed broadly on risk as Strait of Hormuz heats up

• USD haven buying en vogue; oil (CLc1) +3.18%, US SP500 -0.4%, gold -2%

• Sterling unable to hold gains above 1.36 over last 3 trading sessions

• Marts focus shifting to Friday Apr US payroll data; NFP f/c +62k, Earnings y/y +3.8%

• GBP$ supt at bruised daily cloud base by 1.3520, Monday low 1.3514, 1.3473 the 100-DMA

• Res 1.3602 Monday high, 1.3658 Friday 10-week high, 1.3682 upper 30-d Bolli

GBP Chart:


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