Cable has traded a 43 pip range since the London open; 1.2498-1.2541

1.2541 is highest level since April 12 (1.2558 was high that day)

GBP supported by Anglo's rejection of BHP's 31 bln pound takeover proposal

Consensus growing that BHP will have to sweeten its offer to get deal done

US March core PCE data due 1230 GMT; upside risk to 0.3% MM, 2.7% YY f/c

WSJ-Trump allies draw up plans to blunt Fed's independence (election Nov 5)