• Cable scales intra-day peak of 1.3536 on unexpectedly positive UK March GDP print; 0.3%

• 1.3531 was Asian session high (pre-GDP data). 1.3485 was May low on Wednesday

• Monday's high was 1.3653 - before UK political turmoil hurt the pound

• UK's Rayner cleared by tax authority, Guardian reports

• BoE's Breeden says rate hikes not needed in June or July, FT reports

• Fellow MPC member Mann says sterling and gilt moves are key for her rate decisions

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(Robert Howard is a Reuters market analyst. The views expressed are his own)