Cable has stuck to a tight range, adding 5....>

CABLE: Cable has stuck to a tight range, adding 5 or so pips to last deal at

~$1.3075.

- Weekend news was Brexit-centric. Ex-ForMin Johnson noted his support for PM

May, but doesn't support her Brexit deal, with the PM set to stress that her

plan provides the only viable solution to a borderless Ireland. Elsewhere

Brexiteer Michael Gove has suggested that MPs could undo the Chequers deal

post-Brexit, but noted that the deal was the "right one for now." 

- The Times reported that the EU is preparing to accept a frictionless Irish

border, while the FT has reported that Barnier is looking at options to

"de-dramatise" the Irish border situation, this comes in front of an EU meeting

later this week (some press reports have suggested that this meeting will give

Barnier a mandate to get a deal done).

- GBP/USD's bullish picture remains intact above the 50-DMA ($1.2988) with bulls

targeting the 100-DMA ($1.3173) to extend the rally.

- UK CPI & retail sales headline this week, with BoE's Haldane also set to

speak.