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GBP/USD rises a half-cent on upbeat UK earnings

Wednesday, February 18, 2015 9:57 AM UTC

Cable rises an excess half-cent to 1.5430 on upbeat UK earnings
Quarterly annualized earnings +2.1% in Dec vs +1.7% forecast
Spread of UK earnings over UK CPI more than doubled to 1.6% in Dec
Lift for hawks advocating BoE rate hike before year-end
1.55 among cable bull targets beyond 1.5441 (Monday's 6week peak)

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GBP/USD rises a half-cent on upbeat UK earnings

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