Cable elicits support at 1.2530 after falling from 1.2593 (Monday's high)

1.2530 was Friday's low (after jump to 1.2634). More bids expected by 1.2500

There are 1.2500 option expiries for the 10am ET NY cut today and Wednesday

BoE event risk Thursday; BofA, SocGen, Danske Bank predict 7-2 MPC hold vote

UK construction PMI 53.0 vs 50.2 f/c. UK house prices inch up, Halifax says

CFTC data showed net GBP short rose to 28,990 contracts in week to April 30