Gbp/usd - 1.4650 ... Cable extended intra-day decline fm 1.4917 to a low of 1.4630 in NY mid-day after early data showed the U.K. trade deficit widened more than expected. Cross selling in sterling also weighed on cable as eur/gbp rose sharply fm 0.8498 to 0.8594 while gbp/jpy tumbled fm 139.50 to 135.70. Offers are reported at 1.4695/00 n 1.4730/40. On the downside, bids are seen at 1.4620/30 n 1.4595/00.
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