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*Dec12 cable open $1.3338, range...>

STERLING SUMMARY
STERLING SUMMARY: *Dec12 cable open $1.3338, range $1.3333 to $1.3350.
Euro-sterling open Gbp0.8827, range Gbp0.88235-0.8827
*Cable opened in Asia toward the lower side of yesterday's $1.3331 to $1.3432
range, where sentiment toward Brexit continues to ebb and flow and dictate
direction.
*Ahead of key-economic data the Asia session was a lacklustre affair, cable
largely consolidated toward the low seen yesterday
*Similar story on euro-sterling, the pair barely traded and held a narrow
Gbp0.88235-0.8827 range ahead of the London open
*The main focus for the session ahead is UK inflation data, consensus is for CPI
to remain steady at 3.0% y/y, core inflation at 2.7% y/y.

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