• GBP$ firm in NY afternoon, +0.2% at 1.3550; Monday range 1.3571-1.3534

• Pair extends gain to 2-month high at 1.3771 in early Europe trade, hovers nearby

• UK employment, earnings data on Tuesday in focus for clues to BoE policy path

• Wednesday UK CPI/PPI/RPI may also hold clues to MPC rate moves into YE 2026

• Soft UK employment/prices may stall the current GBP$ bullish tenor

• LSEG's IRPR indicates MPC likely on hold in Sept, +31bp by Dec MPC meeting

• GBP$ res 1.3571/74 Mon high/upper 30-d Bolli, 1.3658 daily high May 1

• Supt 1.3534 Monday low, 1.3495 rising 10-DMA, 1.3434 the Aug 7 low

GBP Chart:


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