Cable rises to 1.2516 as the pound benefits from BHP-Anglo news

Australian miner BHP makes $39 billion bid for London-listed Anglo American

1.2516 is highest level since April 12 (1.2558 was high that day)

It is also more than two cents above Monday's five-month low of 1.2299

US Q1 GDP data due at 1230 GMT; growth of 2.4% is consensus forecast

Scotland's SNP-Green government coalition collapses - Sky News nL5N3GY32B