GBP/USD - 1.5432.. First a little action replay, the pound fell y'day after govt. figures showed the Treasury borrowed another 4.3 bln pounds last month, this was the 1st time since official records began in 1993 that UK registered its first budget deficit. Despite staging a rebound in tandem with euro in NY, sterling tanked in Australia to 1.5409 b4 stabilising. As eur/gbp cross shows sterling is the weaker ccy among the 2 ugly sisters, selling the pound shud give bigger payoff. Order book is almost non-existent as sell stops n below-market buy orders had been triggered earlier, simply choose a comfortable lvl to short cable is the way to go !