• Cable has traded a 12.5 pip range thus far Thursday; 1.35465-1.3559

• Those parameters are within Wednesday's 1.3531-1.35665 range

• 1.35665 is highest level since August 28 (when USD rose on hawkish Warsh)

• US PPI data due at 1230 GMT; 0.4% MM, 5.3% YY f/c. Core f/c 0.3% MM, 4.6% YY

• CPI data follows on Friday - which could tilt Fed rate scales, impact USD

• Reuters poll: 65 out of 93 economists expect Fed hold next week; 28 expect hike

GBPUSD

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