By | January 09 2009 1:30 AM

Gbp/usd - 1.5209...Cable retreated fm 1.5249 (Australian high) to 1.5166 due to active cross-selling vs jpy by a Japanese name (Gbp/jpy fell from 139.23 to 138.41) b4 moving sideways as investors await the release of U.K. data (industrial production, manufacturing production and PPI are due out at 09:30GMT). At the moment, offers are seen at 1.5220/30 with mixture of offers n stops located abv 1.5250 but more selling interest is tipped at 1.5280 n 1.5300. On the downside, bids remain at 1.5160 n also around 1.5100 lvl...