• GBP$ steady in NorAm afternoon, -0.02% at 1.3465; NorAm range 1.3486-1.3445

• Pair had tested resistance by 1.35 in early Europe trade before moving lower

• BoE expected 25bp hike had little effect on price, initial move lower faded

• Vote more hawkish than expected, Mann sought 50bp hike, Rtrs f/c was for 2 holds

• Going forward BoE yield advantage over Fed likely keeps GBP$ moving higher

• Risk (AI/tech) on backfoot stirs haven move into USTs, lower yields sap USD strength

• GBP$ supt 1.3445 post-BoE Thursday low, 1.3423 flat 200-DMA, 1.3341 daily cloud base

• Res 1.3503 Wednesday high, 1.3566 daily high Sept 9, 1.3675 daily high Aug 21

GBP Chart:

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