Gbp/usd - 1.5595 ... U.K. finance minister Alistair Darling said he wud deliver his next budget in March n it wud focus on growth n reiterate government plans to halve the budget deficit over four years. The British pound dropped fm 1.5742 to 1.5583 in tandem with euro after PBOC raised banks' reserve req. by 0.5% b4 trading sideways. On the upside, offers are tipped at 1.5650/60, 1.5700/10 n further out at 1.5740. On the downside, stop below 1.5580 n 1.5560 are in focus, however, demand fm real money accounts are located at 1.5540 n 1.5500/10.