Sterling jumps vs weak dlr, brushes off BoE minutes

* Sterling up 1.2 pct vs dlr, having pierced $1.52 <GBP=>

* Market shrugs off dovish BoE minutes

* Broad dollar selling vs euro aids sterling gain

* UK CBI orders weaken less than expected but outlook grim

LONDON, Nov 19 (Reuters) - Sterling hit its highest in a week versus a broadly weaker dollar on Wednesday, shrugging off early losses after Bank of England minutes showed a unanimous vote to slash interest rates 150 basis points this month.

Flows overtook fundamentals, dealers said, and the dollar stumbled across the board due to a big buy orders for euros. This boosted sterling even as BoE minutes showed that board members had considered an even bigger rate cut, suggesting further aggressive moves might be on the way [ID:nLJ451755].

Traders cited buying from a U.S. bank on sterling/dollar from the $1.50 level upwards, moving the pound up more than 3 cents from levels seen just after the BoE minutes were published.

Still, sterling gains were capped in illiquid trade, and choppy stock market activity kept investors in risk-averse mode -- sentiment that would normally bode ill for the pound.  Continued...