Cable has stuck to a tight range in...........>

CABLE: Cable has stuck to a tight range in Asia-Pacific dealing, last trading

just off of best levels at $132.45, after the amended Customs Union Bill passed

through parliament (by a majority of 3 in the Commons).

- GBP/USD came under pressure on Monday, after reports of four concessions to

Brexiteers, which of course came to pass. Although the move narrowly avoided a

defeat in the Commons for PM May, it will further complicate negotiations with

the EU in the coming months.

- Focus now turns to the UK labour labour market report, due Tuesday, after

BOE's Haldane (a hawkish dissenter at the most recent BOE MonPol decision) noted

that his latest trip to Wales "adds to my confidence that the economy is

experiencing a gradual, on-going firming of pay pressures, with implications for

underlying inflation."

- Initial support is noted at Monday's intraday low ($1.3217), with resistance

at Monday's intraday high ($1.3293).