Gbp/usd - 1.9785 ... Despite cable's intra-day cross-inspired rally to 1.9850, profit-taking offers there limited upside n offers are now reported at 1.9820 n 1.9850 with stops seen abv 1.9850. On the downside, renewed buying interest by European names are reported at 1.9760 n 1.9735/40 ahead of Friday's release of U.K. GDP data.