Cable reaches 1.2419 after pushing its recovery envelope from 1.2346

Ascent to 1.2419 aided by rise in risk appetite (pound is risk-sensitive)

Nikkei up 1.05%nL8N36E0X4. European equity futures positive nL8N36E10D

1.2346 was Monday's one-week low -- before U.S. stocks recouped steep losses

Offers expected near 1.2450 (1.2452 was Good Friday high, pre-NFP data)

Money markets currently see 71% chance of 25 bps Fed hike in May FEDWATCH