GBP$ firm into NorAm close +0.25% at 1.2175; Thursday range 1.2191-1.2093

Pair rallied off session low sub-1.21 as early UST yield rise reversed

Fed's Powell: inflation too high, policy restrictive, proceeding carefully

Mind the gap: Rate differentials trip up sterling nL1N3BP1OG

GBP$ res at 21-DMA 1.2193, Oct 13 high 1.2226, falling 30-DMA 1.2264

Bears in control below 1.2392 50% Fib of 1.2746-.12039

Supt big-figure supt 1.21, 1.2093 Oct 19 low, 1.2075 30WMA, 1.2039 Oct 4 low