• GBP$ a touch firmer in NY afternoon trade, +0.13% at 1.3423; NorAm range 1.3432-1.3406

• Range slight pre-US elex results; lower oil, gilts keep pace w/UST yield rise GBP-friendly

• For now, GBP bulls wary of further rise above Monday's 6-wk high by 1.3447

• Thursday expected BoE 25bp hike keeping cable anchored near trend highs

• GBP$ res 1.3439/47 daily cloud top/ Mon high, 1.3493 Sept 16 high, 1.3566 daily high Sept 9

• Supt 1.3397 Tuesday low, 1.3367 daily cloud base, 1.3316 rising 21-DMA

GBP Chart:

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