Cable has edged higher and last sits at.......>

CABLE: Cable has edged higher and last sits at $1.3082 after adding 16 pips

Friday, with price action driven mostly by the broader USD strength.

- Brexit news flow has quietened after last week's extension to Article 50.

Another round of cross-party Brexit talks is scheduled for this week. Elsewhere,

UK C'llr Hammond told BBG that the Tory party is ready to discuss everything

that Labour puts on the table. Also worth noting that the House of Commons is

currently in recess until Apr 23.

- A move through the 55-DMA at $1.3092, which has capped gains thus far, would

expose the 21-DMA at $1.3125, located ahead of $1.3033, where the rate peaked on

Friday. Meanwhile, bears look to $1.3051/41, which limited losses on Apr 11/10.

- Datawise, domestic labour mkt data due Tuesday, CPI due Wednesday and retail

sales due Thursday provide this week's focal points in the UK. BoE's Haskel will

speak later today, ahead of remarks from BoE Gov Carney due on Wednesday. Any

signals re: the UK political situation/Brexit matters will also draw attention.