Cable is back down at 1.4830 ,pretty much where it started the day, the earlier rally having come to a pretty abrupt halt. More disappointing news on the economic front. Latest weekly sales to November 8. at the UK department store John Lewis (the high street bellweather) fell sharply by 9.7% to £57.78 mln. The company blames the slump on “a combination of economic uncertainty and grim weather.”