Cable hits 1.2704 after rallying off 1.2646 (post-US claims/PPI data low)

Ascent from 1.2646 aided by some profit-taking on dollar longs

1.2646 was 16 pips shy of the 19-week low plumbed during the London morning

Resistance levels include 1.2719 (Tuesday's low), 1.2770 and 1.2800

Powell comments in pipeline, plus Mansion House speeches from Bailey, Reeves

UK Q3 GDP data due on Friday at 0700 GMT; growth of 0.2% f/c vs 0.5% in Q2