GBP$ firm into NorAm close +0.2% at 1.2595, Thursday range 1.2599-1.2550

Pair remains bid after Fed, ECB 25bp hikes, despite global rates slide

Sterling steady near 2023 high as BoE takes spotlight next nL1N3711SZ

BoE next DM c.bank meeting, MPC exp'd to hike 25bp keeping pace w/Fed, ECB

Rates key driver of FX price, futures indicate UK rates abv U.S. by Sept

UK rate advantage grows to 62bp by Dec 2023, +110bp by Dec 2024

Inflation holds key to BoE rates, U.S. CPI May 10, UK CPI May 24 in focus

GBP$ res 1.2599 May 4 high/up TL res from Apr highs, 1.2667 May 27 2022 high

Support May 4 low 1.2550, rising 10-DMA 1.2500, April 25 low 1.2388

Friday's U.S. payroll report f/c +180k vs 236k in Mar will be keenly watched