Cable reaches 1.2522 after rising further from 1.2436 pre-Fed event risk

1.2436 was Tuesday's low, before USD fell on softer US labor market data

US ADP jobs data due 1215 GMT; 148k f/c. ISM services PMI 1400 GMT; 51.8 f/c

Fed is expected to raise rates to 5.00-5.25% at 1800 GMT nL8N370074

UK local elections Thursday: big Tory losses and big Labour gains expected

1.2583 was 10-month high for GBP/USD last Friday (April 28) nL1N36Z0L7