GBP/USD - 1.5610.. Although cable tanked in tandem with euro in y'day's European trading n fell to 1.5562 in NY, price has rebounded in Asian morning on buying by st spec after remarks by UK insurance giant Prudential PLC CEO Tidjane Thiam who said he had rejected the idea Prudential would make a 2nd attempt to acquire AIG's AIA Group's businesses (previous failed bid was worth $35.5 bln). Market is short after this week's sharp descent, so expect current short-covering rise wud continue into European opening. Bids have been raised to 1.5600-1.5580 n some stops are touted abv 1.5620 but selling interest wud return once sterling heads twd 1.5700/10.