Gbp/usd - 1.4233 ... Investors are now focusing on details of UK's asset protection scheme to be released later in the day which aims to limit its exposure to future losses and free it to increase lending. The British pound fell again after early brief bounce to 1.4295 on short-covering in Asian morning. Offers are noted at 1.4290, 1.4330 n further out at 1.4370/75 while some bids by st spec. are noted at 1.4175/80 on speculation that the Britain's move may add support to sterling. On the downside, stops are reported at 1.4170, 1.4150 n more below 1.4090/00 (sizeable).
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