Cable hits 1.2535 (intra-day high) after extending north from 1.2433

1.2433 was near three-week low in early London trade on Johnson woe

See: nL1N2XU0CJ. Turnaround aided by some profit-taking on GBP shorts

Profit-take flow kicked in after third EUR/GBP failure to vault 0.8585

0.8585 was May 24 high nL1N2XU0DA. IMM speculators hold big net GBP short

UK May service PMI revised up to 53.4, from 51.8 flash estimate nZRN004ITM