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• GBP$ dips in NY afternoon trade, -0.2% at 1.3473; NorAm range 1.3518-1.3448
• Reports of Iranian air defenses activated lift oil, stirs USD haven bid
• GBP$ melts lower as risk broadly lower; UST yields higher, equities sliding
• Mideast in state of flux; no news of negotiations, oil flow thru strait diminished
• Next week's Fed, BoE meetings are likely to yield no rate changes; focus on Mideast
• GBP$ supt at bruised 100-DMA at 1.3460, 1.3448 Thurs low, 1.3415 flat 200-DMA
• Res 1.3500 psychological lcl, 1.3518 Thursday high, 1.3544
daily cloud top
GBP Chart:

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