• GBP$ firm in NY afternoon, +0.36% at 1.3272; Tuesday range 1.3286-1.3202

• Bid near 1.32 since late-September intact, USD under pressure as global yields slip

• Risk rallied broadly as French fiscal concerns ebb 10-yr OAT -13bp, UK 10-yr Gilt -2bp

• UK inflation, high yields a concern ahead of UK CPI Oct 21, Autumn Budget Oct 28

• LSEG's IRPR sees BoE +22bp in Nov, total of +36bp by Dec MPC; Fed +26bp by Dec

• GBP$ res 1.3286 Tuesday high, 1.3311 daily high Sept 30, 1.3349 falling 21-DMA

• Supt 1.3238 the 10-DMA, 1.3202 Tuesday low, 1.3181 daily low Oct 1

GBP$/Glbl bonds Chart:

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