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• Cable has traded a 32 pip range since the London open; 1.3479-1.3511
• 1.3479 is four pips above the double-day low on Monday and Tuesday
• Support points below 1.3475 include 1.3461 (100DMA) and 1.3431
• U.S. weekly jobless claims increase marginally as labor market remains stable
• UK companies see cost pressures spreading at record pace
• UK March retail sales data due on Friday, at 0600 GMT; up
0.1% MM f/c
GBPUSD

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