Cable eyes 1.2108 before four BoE MPC members address UK TSC from 0945 GMT

BoE Governor Bailey, chief economist Pill, dove Tenreyro and Haskel

1.2108 was Wednesday's top, after NIESR said UK to dodge recession this year

Retreat from 1.2108 based at 1.2055 (1.1962 was Tuesday's one-month low)

UK Dec GDP data due Friday at 0700 GMT; minus 0.3% forecast nL1N34O14X

Biden says he sees no U.S. recession in 2023 or 2024-PBS NewsHour interview