• Cable has traded a 27.9 pip range thus far Thursday; 1.3501 is intra-day high

• 1.3501 is 1.5 pips shy of Wednesday's seven-week high

• Rise to Wednesday high was fuelled by USD selling on midterm blue wave

• Retreat from Wednesday high based 8 pips shy of 1.3447 (Monday high)

• 1.3397-1.3432 was range on Tuesday (when America voted)

• Vance repudiates Iran war. BoE rate hike to 4% expected at 1200 GMT

GBPUSD

(Robert Howard is a Reuters market analyst. The views expressed are his own)