Sterling rallies post-Fed, settles 1.2065 0.35%; Wed range 1.2087-21

Fed hikes 75bp as expected, sees ongoing hikes appropriate nFOMRIEI04

Touts job gains, notes persistently high inflation nS0N2YN005

Fed rate uncertainties keep GBP$ on brink of new trend highs nL1N2Z81B4

Resistance by 1.2083 Fib, Jul 26 high 1.2090; bulls await BoE on Aug 4

Support at 100-HMA by 1.2018, 10-DM by 1.1979, July 18 low 1.1864

IRPR shows BoE likely to lift current rate hike to 50bp from 25bp on Aug 4