GBP/USD - 1.5260.. The British pound found no friends y'day as price tumbled as soon as Asian trading opened as a wave of huge offers by U.K. cleares plus European names whacked cable sharply lower, price easily broke previous week's 1.5345 low n European traders gave the pair another bashing, pushing sterling to 1.5187 in NY. Despite initial euro-led rebound at Asian opening, sellers emerged at 1.5285 n checked intra-day recovery. Offers are reported fm 1.5280-1.5300 n more abv, some profit-taking bids are near 1.5230-00. As selling cable proves to be easier/profitable this week, one shud short cable on upticks today.