GBP$ soft in NY afternoon, +0.22% at 1.2768, Monday range 1.2799-18

Pair backed off NorAm high 1.2799, put in near Lon fix holds gains

Sterling wary of 1.28 ahead of inflation data, rate announcements

Pair holds slight gain in 2024, +0.33%; relative yield advantage anchors

Data, exp'd ECB cut; UK yield advantage over majors aids bullish GBP tone

GBP$ res 1.2799 Monday high, 1.2822 the 200-DMA, 1.2874 the Nov 12 high

Supt 1.2718 Monday Asia low, 1.2697 rising 10-DMA, 1.2643- 50% of 1.2475-1.2811