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• GBP/USD +0.1% in Asia Fri as 2-month long rally threatens to extend
• GfK Aug consumer confidence index hits 2-year high after string of good data
• GBP break above 1.3660-65 resistance zone would open topside toward 1.3867
• UK Jul retail sales due Fri (poll -0.5% m/m), Aug flash PMI also due
• Traders wary of U.S. Treasury attempts to cap long-term interest rates
• U.S. threats of tough sanctions for Iran & its associates sends oil higher
• Range Asia 1.3633-435, support 1.3274 1.3140, resistance 1.3660-65 1.3870
• (
GBP Daily 21/55/100-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)