Cable reaches 1.2417 (intra-day high) after positive CBI data release

UK industrial orders grow at joint-record pace in May - CBI nL5N2XB2ZN

1.2417 approximates to 50% retracement of Wednesday fall from 1.2501-1.2330

Wednesday's low was plumbed on steep losses for U.S. equities nL2N2XA2TU

1.2339 was early London low, as risk aversion persisted nL3N2XB1AG

UK police end Downing Street party inquiry, 126 fines issued nL5N2XB2WD