• Cable rises to 1.3325 as probability of October Fed hike declines on Warsh

• 1.3325 is highest level since Sept 23 (1.3345 was the high that day)

• Warsh made no comment on hot US CPI, PPI data when he spoke in Bangkok

• Probability of Fed hike on Oct 28 is now 15% vs 50% (briefly) on Wednesday

• Short-covering aids rise to 1.3325, from 11-month low of 1.3137 Wednesday

• CFTC data at 1930 GMT to show if net GBP short rose again pre-US CPI

GBPUSD

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