Cable remains locked in its symmetrical.......>

CABLE: Cable remains locked in its symmetrical triangle looking for a break. The

top comes in at $1.3098 today which also holds resistance from the 50-dma, while

the base comes in at $1.2991. Its worth noting this is a continuation pattern

with a downside break opening the potential of a run toward the 100 & 200-dma's

at $1.2950/68.

- UK Inflation data due for release at 0830GMT(median 0.2%mm, 2.0%yy), with BOE

Carney due to speak in Paris at 1300GMT.

- Inflation in the UK is expected to register at 0.2% m/m and 2.0% y/y, picking

up from 0.5% m/m and 1.9% y/y in February. Core inflation is anticipated to

accelerate to 1.9% y/y in March from 1.8% y/y in February.

- The ONS House Price Index is projected to show a deceleration to 1.2% in March

from 1.7% in February. Meanwhile, the UK's PPI input y/y increased by 3.7% y/y

in February, whereas the PPI output y/y rose by 2.2% y/y. According to the MNI

medians,they will register at 3.9% and 2.1%, respectively, in March.