Cable last trades flat at $1.3309 after.......>

CABLE: Cable last trades flat at $1.3309 after advancing almost 60 pips

yesterday, extending the recent leg higher. The pair managed to print a fresh

YTD high of $1.3350 just ahead of the 1600 GMT fix.

- Yesterday saw the latest round of non-binding Brexit votes in British

parliament. MPs overwhelmingly supported the Yvette Cooper amendment, which

allows parliament to vote on extending Art. 50, should the lawmakers reject PM

May's deal & the no-deal option in March.

- Elsewhere, Brexit plans tabled by the Labour Party were rejected, which led

Labour leader Corbyn to reiterate his party's support for the second Brexit

referendum.

- Bulls look for a breach of yesterday's YTD high before moving on to

challenging the upper 2.0% 10-DMA envelope at $1.3361. Conversely, bears look

for a fall below the upper Bollinger band (2%) at $1.3306, which has limited

losses so far, followed by Tuesday's high of $1.3288.

- UK focus this week falls on Brexit developments & m'fing PMI due Fri.