Cable: Aug14 NY range..............>

STERLING SUMMARY: Cable: Aug14 NY range $1.2957-90. Aug15 Asia open $1.2963,

range $1.2954-68. Current $1.2963(0440GMT)

* Eur/Gbp: NY range Gbp0.9070-95. Asia open Gbp0.9087, range Gbp0.9087-0.90905.

* Cable struggled to hold is late Friday recovery gains above $1.3000 through

Monday trade. 

* Rate drifted off to a low of $1.2957(off Friday high of $1.3032), recovered to

$1.2990, closed around $1.2965.

* Eur/Gbp extended its pullback away from Friday high of Gbp0.9119 to Gbp0.9070,

closed Monday at Gbp0.9088.

* Noticed Monday that Eur/Gbp attracted by Gbp0.9090(=E1.1000), while cable not

wandering too far away from $1.3000. 

* Consolidation seen in Asia as cable held by $1.2954-68, cross by

Gbp0.9087-0.90905.

* NK National Day and no provocative action seen, prompts some risk appetite;

Jpy softer.

* UK CPI 0830GMT. Market median 2.7%yy, core 2.5%yy.