Cable up to 1.3150 as higher risk of 50 bps Fed rate cut next week hurts USD

1.3150 is one-week high (1.3003 was 3-week low Wednesday after US CPI data)

Markets now see 43% chance of 50 bps cut on Sept 18 vs 15% chance Thursday

FEDWATCH. Dovish shift spurred by WSJ, FT reports and view from Dudley

1.3150 approximates to 61.8% Fibo of 1.3238 (Sept 6 high) to 1.3003

BoE set to keep rates unchanged next week; focus on QT programme decision