Gbp/usd - 1.4897...Sterling fell fm 1.5069 to 1.4838 y'day on profit taking n also in part due to a FT report which speculated that the UK government's borrowing will rise to its highest lvl in over 60 yrs. Bids are reported at 1.4860/70 n also ahead of the 1.4800 lvl (some orders are option-related). Offers remain at 1.4950/60 n also 1.5000. No major data is due out of the UK today...