*Dec19 cable open $1.3382, range...>

STERLING SUMMARY: *Dec19 cable open $1.3382, range $1.3362 to $1.3385. Eur/Gbp

open Gbp0.88035, range Gbp0.88035-0.8812

*Cable opened in Asia toward the upper side of the $1.3310 to $1.3418 range

witnessed yesterday, where remarks from PM May that a senior EU negotiator made

it clear that the UK can have a bespoke trading arrangement with the EU

underpinned the pound.

*Eur/Gbp opened in Asia toward the lower end of yesterday's Gbp0.8794 to

Gbp0.8841 range, the move supported by PM May's comments

*Cable consolidated  with a tight $1.3362 to $1.3385 range, Asia investors were

largely sidelined ahead of the US tax vote

*Eur/Gbp similarly consolidated, edging a little higher from the open to

Gbp0.8812

*In the absence of any domestic data for the session ahead, participants will be

keeping a close eye on the wires for Brexit news