GBP$ firm in NorAm afternoon, -0.7% at 1.2972; Thursday range 1.3009-1.2880

Pair a tad soft after Fed -25bp cut; statement tipped slightly hawkish

Fed cuts rates, notes labor market easing and solid economic growth

BoE took similar tack w/their 25bp cut; Bailey sees gradual policy shift

BoE brightens sterling outlook a day after US election-fueled drubbing

Data dependent into YE; IRPR indicates 20% odds for BoE cut

CME Click here tool pricing 63% odds for -25bp on Dec 18

GBP$ supt 1.2956 post-Fed low/200-HMA, 1.2877 Thursday low

Res 1.2990 the 100-DMA, 1.3050 dly cloud base, 1.3135 50% of 1.3434-1.2835

A close above 1.3135, 50% Fib, shifts momentum for GBP bulls for test of Oct highs