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Consolidates recent gains with added..........>

CABLE
CABLE: Consolidates recent gains with added support via the crosses to settle
around $1.3250/55. Markets expected to remain headline driven with focus on BoE
Governor Carney & Deputy Governor Cunliffe who are scheduled to testify in UK
parliament on the Financial Stability Report (0800GMT). The UK Labour Report is
set for release at 0830GMT. Average weekly earnings including bonuses are
expected to remain unchanged in May from Aril's 2.5% on a 3m/3m y/y growth rate.
However, core earnings is expected to fall a touch from April's 2.8% to 2.7%.
Unemployment appears to have remained robust in May, with analysts pencilling in
an unchanged figure from April at 4.2%. GBPJPY has so far failed to breach
Y149.00 (High - Y148.98), a clean break here can look to challenge the 200-dma
at Y149.59. EURGBP has only managed an 11 pip daily range, last Gbp0.8848.

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