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• Cable falls to 1.3394 as safe-haven dollar strengthens on higher oil prices
• Oil prices jump as Reuters report signals complication to US-Iran peace talks
• US is net energy exporter. 1.3394 is intra-day low (1.3376 was Wednesday low)
• 1.3454 was London morning high, before big UK services PMI miss (47.9)
• BoE MPC dove Taylor sees less risk of inflation persistence than in 2022
• UK April retail sales data due Friday at 0600 GMT; minus
0.6% MM expected
GBPUSD

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