Gbp/usd - 1.4458 ... Despite cable's brief drop to 1.4407 in tandem with euro, the British pound rebounded on talk of M&A demand in related to the Britain's insurance giant Prudential rights issue. Bids are located at 1.4420, 1.4370/80 with stops building up below 1.4360. On the upside, offers are tipped at 1.4480/90, 1.4500/05 n 1.4540/45. Traders are waiting for the release of U.K. CPI n RPI at 08:30GMT.
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