Gbp/usd - 1.4702...Cable has retreated fm 1.4774 in part due to the NY Times report which said that GM stated in a regulatory filing to the Treasury Department that it was prepared to file for bankruptcy in the event a restructure agreement cannot be settled out of court. Bids at 1.4690/00 have been absorbed n more buying interest fm Asian names is noted at 1.4640/50 n 1.4620. On the upside, offers (for profit taking purposes) are lined up at 1.4800...