Gbp/usd - 1.6279 ... Despite cable's marginal rise to 1.6314 in European session on cross buying in sterling (eur/gbp fell fm 0.8937 to 0.8905 whilst gbp/jpy rose fm 148.57 to 150.00), the British pound retreated on profit-taking in relatively thin trading as traders are focusing on ECB's rate decision at 12:45GMT. Some bids are located at 1.6245/50 n 1.6225/30 whilst offers are tipped at 1.6300/10 n more at 1.6340/50.