Gbp/usd - 1.5685.. U.S. equities erased early losses, as better-than-expected figures on consumer confidence and American business activity eased concern the economic rebound is slowing. DJI n S&P are up 10 pts n 1 pt respectively. Cable has risen abv 1.5663 res in NY n extended gain to as high as 1.5697. Bids are reported around 1.5660/65 while on the upside, offers are tipped at 1.5700/05.