Cable climbs to 1.3865 as U.S. equity indices hit record highs nL4N2KG3NX

1.3865 is the highest level since April 2018 (1.4377 was high that month)

Risk-sensitive GBP often gains when equity prices rise (and vice-versa)

USD hurt by sub-f/c U.S. Jan CPI, and downward revision to U.S. Dec CPI

See: nL1N2KF34U. 1.3827 was early NY low for GBP/USD, pre-CPI nL1N2KG1B3

BoE's Bailey speaks at 1700GMT. Fed's Powell speaks at 1900GMT nL1N2KG0JM