• GBP$ holds healthy gain into NY close, +0.55% at 1.2955; NorAm range 1.2992-23
• Pair follows gilt yields higher, remain anchored in 1.2862-1.3015 range since Mar 10
• Symmetrical Fed, BoE policy outlooks keep GBP/USD anchored near trend highs
• ,Sterling ambivalent near 2025 highs amid rate, tariff uncertainty nL6N3QA0MH
• Responsible fiscal view post-spring stmt, BoE managing policy responsibly aids GBP
• Still, fluid Trump tariff policy may weigh on GBP/USD into Apr 2's "Liberation Day"
• GBP$ res 1.2992 Thursday high, 1.3015 2025 high on Mar 20, 1.3119 upper 30-d Bolli
• Supt 1.2887 rising 21-DMA, 1.2872 Thurs low, 1.2788 50%
Fib of
1.2560-1.3015
GBP Chart:
(Paul.Spirgel is a Reuters market analyst. The views expressed
are his own)