GBP/USD - 1.6380.. Cable got dragged lower in tandem with intra-day brief selloff in euro in Australia but price met renewed buying (profit-taking) abv NY low at 1.6323 n has ratcheted higher in Asian morning. Good offers have been reported at 1.6420-30, more at 1.6460/70 with stop abv 1.6500. Initial bids remain at 1.6325/

30 n then 1.6300/05 with stops seen below 1.6300.