• Cable rose to 1.3452 in Asia as dollar fell vs yen on Japanese pension fund news

• 1.3452 is the highest level since June 15 (1.3460 was the high that day)

• Thursday high was 1.3430, after more short-covering (CFTC data due at 1930 GMT)

• 1.3140 was seven-month low on June 24. Pullback low from 1.3430 was 1.3381

• Apollo Global trumps U.S. investor Castlelake with £5.7 billion easyJet bid

• Burnham set to replace Starmer as Britain's prime minister on July 20

GBPUSD


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