Cable climbs to 1.3180 as global equity gains lift risk-sensitive pound

Nikkei up 3.4% nL3N2VK1HC. 1.3180 = 1-week high (1.30 = 16-month low Tues)

1.3043 was low at start of Powell briefing Weds, after 25 bps Fed rate hike

See: nL2N2VI1CDnL2N2VJ19M. UST yield curve flattens nL2N2VJ3C8

1.32 is GBP/USD resistance level. 25 bps BoE hike f/c 1200 GMT nL5N2VJ5FR