Cable struggled up against $1.3300............>

CABLE: Cable struggled up against $1.3300 resistance from Friday evening through

to the earlier Asian session before longs began to bale as no fresh news on PM

May's attempt to swing round MP's to support her third go at getting her

Withdrawl Bill(WB) through failed to emerge. Cable began to drift lower and was

then given an added shove by Speaker Bercow's announcement that he wouldn't

allow a third vote on the WB if there was little substantial change(having

failed twice already). Rate dropped to $1.3185(Mar07 high) but buyers emerged

into the dip to edge it back to $1.3239, settling on $1.3220. Support remains at

$1.3185 ahead of $1.3165(50% $1.2949-1.3381). Resistance $1.3250, $1.3275 ahead

of $1.3300. Brexit remains the main driver with direction dictated by headline

developments. UK Employment Report provides the domestic data interest Tuesday.