+0.15%, as the USD hits a fresh 2023 low on reduced Fed hike expectations

CME FedWatch prices a May 3rd 25pt hike at 63.9% from 70.4% on Wednesday

Sterling hit a fresh 2023 high in a busy 1.2517-1.2545 Asian range on D3

USD to lead GBP Friday, as U.S. retail sales, IP and consumer sentiment due

Fed policy moves are data led so today's U.S. data may drive next USD move

Charts; 5, 10 & 21 day moving averages climb with 21 day Bollinger bands

Momentum studies rise - uptrend targets a test of 1.2666 May 2022 high

Close below the 1.2366 rising 21 DMA would end the topside bias

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