• Cable jumps to 1.3447 as dollar tanks vs yen (pre-BOJ event risk Friday)

• 1.3447 is the highest level since July 21 (1.3454 was the high that day)

• Prior dollar losses against yen lifted GBP/USD to 1.3405 London morning high

• Ensuing low was 1.3368, after relatively dovish rate hold from BoE

• Traders trim UK rate hike bets after BoE flags limited Iran spillover

GBPUSD


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