Cable hits 1.3166 after drop from 1.3238 (highest level since Aug 28)

Drop influenced by Fed expectations taking a less dovish turn

Probability of 50 bps Fed cut on Sept 18 down to 43%, from 57% high earlier

FEDWATCH. 1.3145 was GBP/USD knee-jerk low after US jobs report release

1.3160-1.3192 was pre-NFP data range (1.3152-1.3185 was Thursday's range)

Fed's Williams: moving in right direction but not yet there on 2% inflation