GBP/USD sits a touch lower in early...........>

CABLE: GBP/USD sits a touch lower in early Asia-Pac trade, as lingering Brexit

concerns continue to apply some light pressure to the sterling. The currency

marginally underperforms its G10 peers. Cable last seen -6 pips at $1.2735.

- UK GfK Consumer Confidence remained at -27 this month, per the preliminary

reading released earlier today, despite a consensus forecast calling for

improvement to -24.

- Focus moves to UK retail sales & flash Markit PMIs, all due later today. PM

Johnson will make a speech in Scotland.

- As expected, the UK & EU failed to make much progress in the latest round of

trade talks, which wrapped up yesterday. Chief negotiators will hold informal

talks next week.

- The Telegraph reported that the UK may switch to reviewing its list of "safe

countries" (inbound travellers are exempt from a 14-day quarantine) on a rolling

basis rather than every three weeks.

- A break below Jul 22 low of $1.2644 would allow bears to target Jul 14 low of

$1.2480. A jump above Jul 21 high of $1.2768 opens Jun 10 high of $1.2813.