• GBP$ near NorAm low in afternoon trade, -0.54% at 1.3274; NY range 1.3315-1.3267

• Spate of US data (payrolls, CPI) boosts Fed hike expectations, providing lift to USD

• LSEG's IRPR pricing 100% odds for Dec 2026 25bp hike; +73bp as early as June 2027

• Despite more aggressive BoE hike outlook, shift to higher Fed tack USD positive

• UK Sept GDP, output data on Thursday, US PPI on Friday; UK price data on Nov 18

• GBP$ supt 1.3267 Wednesday low, 1.3200 psychological lvl, 1.3137 Daily low Oct 14

• Res 1.3300 psychological lvl, 1.3328 falling 30-HYMA, 1.3385- 50% Fib of 1.3503-1.3267

GBP Chart:

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