GBP/USD breaks above $1.9540, following the euro-dollar rally (while euro-sterling edges up to challenge resistance to stg0.7965). Cable meets resistance from next band of reported sell interest at $1.9550, extending to $1.9560, with further interest noted ahead of $1.9580. For EUR/GBP a break of current levels will open a move on toward stg0.7975/80 with stronger interest placed at stg0.7995/00.