• Cable rises towards 1.50 after better than expected UK trade data
  
  
• UK trade deficit GBP 616mn in Jan from GBP 2.14bn in Dec
  
  
• Jan goods trade deficit GBP 8.41bn vs GBP 9.7bn forecast
  
  
• Stops below 1.50 tripped Wednesday, on the way to 20month low of 1.4893
  
  
• 1.4955 = pre-UK trade data low vs 1.5014 early Europe high