Gbp/usd - 1.4878...Cable continued to move higher due to short covering after an Asian name bought a decent amount n also active cross buying esp vs euro n yen (eur/gbp fell fm intra-day high of 0.8974 to 0.8912 while gbp/yen rose fm 131.18 to around 134.30/40). At the moment, stops (sizeable) at 1.4900 are now in focus with selling interest (some orders are for profit taking purposes) noted further out ahead of 1.4950. On the downside, active bids are seen fm 1.4850 down to 1.4800 with mixture of bids n stops located at 1.4750 n 1.4700.