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GBPUSD stopped shy of 1.3440 overnight and....>

CABLE
CABLE: GBPUSD stopped shy of 1.3440 overnight and last deals at 1.3430.
- Discord within the cabinet, particularly between UK PM May & Brexit secretary
Davis, seems to be running at elevated levels, with the government's backstop
plan regarding the Irish border forming the crux of the issues.
- Cables initial resistance comes in the form of yesterday's high (1.3443),
followed by the May18 low/May10 low, 61.8% $1.3618-1.3205 (1.3455/60).
- BoE's Ramsden is due to speak today. 
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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