Cable hits 1.2402 (intra-day high) after extending north from 1.2345

1.2345 was low following softer than expected UK CPI data nL1N3340DE

Rise to 1.2402 precedes FOMC event risk (1900 GMT) nL1N33315JnL8N3324XH

1.2443 was Tuesday's six-month high, after softer than expected U.S. CPI

Tuesday top approximates to 61.8% Fibo of 1.3749-1.0327 (Jan high-Sept low)

BoE rate decision Thursday: 50 bps hike to 3.5% is consensus forecast