GBP/USD - 1.6322 ... Cable has rebounded fm 1.6266 in tandem with euro due to short-covering on the release of higher-than-expected U.S. building permits n housing starts. Bids are noted at 1.6300/05 n 1.6270/80 with stops seen below 1.6250. On the upside, offers are tipped at 1.6355/60 n 1.6380, 1.6400/10.