Cable climbs to 1.2055 as China equity gains buoy risk-sensitive pound

SSEC closed up 2.1% nAZN12FKXV. 1.2055 is highest level since Thursday

1.2015 was Asia low following pre-weekend rise from 1.1915 to 1.2049

Ascent from 1.1915 (six-week low) aided by profit-taking on short positions

1.2269 was last week's peak (Feb 14). 1.2074 was Thursday's high

Sunak: work needed on N.Ireland after 'positive' talks with von der Leyen