Gbp/usd - 1.4607 ... Prime Minister David Cameron said Britain would prefer international agreement on a banking levy but would be prepared to press ahead alone if the G20 cannot decide on a common approach. However, Canadian
Prime Minister Stephen Harper's government strongly opposed to proposals for a global
bank tax, arguing that strong regulations kept Canadian banks sound through the global financial crisis and other nations should follow its example. The British pound retreated strongly fm 1.4744 to 1.4599 on profit-taking. Offers are tipped at 1.4650/60 n 1.4680/90. On the downside, bids are located at 1.4600 n 1.4555/60 with stops seen below 1.4550.