• GBP$ slips into NorAm close, -0.26% at 1.3272; NorAm range 1.3307-1.3251

• Pair whipsawed in NY after rise in US imp/exp data saw UST yields rise off lows

• Ultimately lower UST yields, provided boost off session lows in NY afternoon

• Recent upbeat UK data, reduced tariff angst tipping BoE less-dovish supports GBP

• Sterling once again fails above 1.33, nestles near its 10-DMA by 1.3280

• GBP$ res 1.3333 Friday's early high, 1.3361 May 14 high, 1.3423 upper 30-d Bolli

• Supt 1.3251 Friday low, 1.3227 rising 30-DMA, 1.3079 50% Fib of 1.2712-1.3445

• A close below 1.3079 shift momentum to bears, puts daily cloud 1.2960-1.2728 in view

GBP Chart:


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