Cable registered a session high at $1.3236....>

CABLE: Cable registered a session high at $1.3236 Tuesday, before stabilising at

~$1.3185, where it trades last, as negative Brexit related comments had a

limited impact, as the market showed signs of fatigue around the matter. 

- Cable's initial leg higher came on the back of reports that the cabinet told

PM May to drop her Chequers plan or she will face a no confidence vote within

days. The rate then received an additional boost from the release of UK labour

market numbers, as wages grew beyond expectations. 

- Bulls need a close above $1.3200 before they can target the Sep high at

$1.3298. Bears keep an eye on the 50-DMA at $1.2990, with a break opening a move

to the $1.2933 Oct low. 

- Focus today falls on the integral EU summit & and UK CPI release.