Gbp/usd - 1.4811 ... Although the British pound fell sharply to 1.4703 in New York morning, cable found decent demand fm option-players there (for protection of 1.4700 trigger) n the pair has then rebounded on buying by U.S. inv. bank on risk appetite partly due to over 100 pts rise in DJI. Offers at 1.4760-70 were absorbed n mixture of offers n stops at 1.4830-40 is in focus but more selling interest is likely to emerge around 1.4860-70. On the downside, bids are now tipped fm 1.4770 down to 1.4730 with stops remain below 1.4700...