Cable climbs to 1.21562 as risk-sensitive pound benefits from WSJ report

WSJ-Biden might soon soften Chinese tariffs. 1.2162 = intra-day high

1.2162 is also the highest level since Friday's two-week low of 1.1976

Trump-era tariffs on China have been under review by Biden since May

See: nL2N2X21K4nL1N2Y80E6. Lifting them would be positive for risk

Offers expected pre-1.22 if GBP/USD extends north (1.2189 was Thursday high)