GBP/USD - 1.4710.. The British pound is still the stronger currency comparing to euro due to recent downtrend in eur/gbp, that's why price is currently trading near y'day's NY high of 1.4718 (intra-day top so far is 1.4730). Initial bids are touted at 1.4690/95 n more below with some stops placed below 1.4650/60. On the upside, a mixture of offers n stops are touted near 1.4770. Similar to euro, buying sterling is recommended but do not forget a slew of fairly important U.K. economic data due all out at the same time at 08:30GMT.