• GBP$ a tad soft in NY afternoon trade, -0.05% at 1.3591; NorAm range 1.3602-1.3571

• USD broadly mixed among majors near flat ahead of Friday's Jackson Hole event

• Fed's Warsh speaks at 10AM NYT; given his bent for no guidance a likely non-event

• LSEG's IRPR indicating 1-25bp hike by Fed, BoE in 2026; note oil steady in $80/bbl

• High oil may hint that U.S., UK inflation likely to remain abv target for longer

• GBP$ res 1.3602 Thursday high, 1.3655 daily high Aug 21, 1.3688 upper 30-d Bolli

• Supt 1.3571 Thurs low, 1.3548 23.6% Fib of 1.3140-1.3675, 1.3519 Aug 18 low

Chart:


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