Gbp/usd - 1.5425 ... U.S. Michigan consumer sentiment came in at 69.5, well below the economists' expectation of 75.0. The British pound traded in a volatile manner as cable fell briefly to 1.5366 n then rebounded to 1.5474 b4 retreating again. Offers are tipped at 1.5460/70 n 1.5490/00 whilst bids are located at 1.5390/00 n 1.5370/75.