GBP didn't react to the latest round of.......>

CABLE: GBP didn't react to the latest round of Brexit related headlines which

included a Times report that stated that Theresa May's chief Brexit negotiator

has told ministers that they have no chance of striking a bespoke trade deal

with the European Union. Elsewhere the Sunday Times reported that Theresa May

has vowed to defy cabinet plotters, telling aides that she will not be bullied

out of office by ministers or hardline Brexiteers opposed to her EU plans. While

the Independent reported that EU negotiators have abandoned all hope that a

Brexit deal will be signed with the UK at October's European Council summit.

- Cable chose to track the broader USD theme, and last deals 35 pips or so

softer at $1.3170.

- Downside interest comes in at $1.3150 (Hourly support) while resistance is

noted at $1.3214 (Jun 29 high/61.8% $1.3315-1.3050).

- UK manufacturing PMI data provides the highlight for GBP traders today.

- Nearby notable option expiry interest at today's 10AM NY cut comes in the form

of: $1.3095-1.3100(Gbp1.15bn).