GBP/USD - 1.5286.. Sterling remains bid at European opening due partly to buying of sterling vs the euro n offers at 1.5280-00 area are slowly absorbed, a mixture of more selling interest n stops are touted abv 1.5300. Although st specs bot cable again today for a move abv y'day's 10-week high at 1.5298, as mentioned previously, market is long n once profit-taking occurs (1.5320/30 area), expect the pound to fall sharply. Until then, bids have been raised to 1.5250-30 wud stops below 1.5190.