Sterling was about flat and in the middle of Wed's 1.2665-733 range
The high pierced the 61.8% Fibo of the July-October slide at 1.2722
Prices a bit O/B heading into month-end on Thursday
And ahead of important U.S. data, Fed Chair Powell Fri and NFP Dec. 8
Fed's Waller talk of rate cuts in some months ahead latest tailwind
Futures now fully price in May rate cut, March a coin-toss, 116bp yr-end
BoE's first full cut not seen until Aug, with 75bp total 2024 cuts
Failure to close above 1.2722 Fibo could see near-term setback
But risk-off flows might need to resume to end rise toward 2023's highs
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