GBP/USD - 1.5217.. As indicated in previous update, Asian traders were reluctant to push cable higher for someone to book profit as st specs bot cable aggressively y'day fm 1.4977 to 1.5260. Expect retracement back to 1.5190/00 but suspect renewed buying interest will emerge abv 1.5170/80. Market is still structurally short in cable according to last Friday's CFTC report, so expect more short-covering when price moves abv 1.5260.