Updating time : 20 Apr 2009 05:51 GMT

Gbp/usd - 1.4730...Cable came under pressure in Asia n hit an intra-day low of 1.4706 partly due to Chancellor Darling's comments in an FT article (in which he concedes that the UK Government may not be able to recover all the costs of its bank bailouts). A mixture of bids n stops is noted at 1.4690/00 while on the upside, offers are reported fm 1.4820 up to 1.4850...

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