Hopes that a deal for Brexit had been.........>

CABLE: Hopes that a deal for Brexit had been concluded at the weekend were

dashed Sunday afternoon with sterling marked down at the open. Cable had closed

NY Friday at $1.3151, opening the main part of Asia around $1.3087 before it

marked an extended low of $1.3082. Rate did manage to recover to $1.3115 before

it settled around $1.3110 through the balance of the session and into Europe,

though demand seen merging in early business as rate edges on to $1.3124(23.6%

$1.3258-1.3082). Technical traders will be eyeing that gap to $1.3151. Attention

remains on Wednesday's EU Leaders Summit but main focus on mid-November meeting.

Brexit headlines to remain a key driver in sterling markets. Support seen into

$1.3080 ahead of stronger level at $1.3050. Resistance $1.3124, $1.3149/51 ahead

of $1.3170/90. UK Employment Tue and CPI Wed provide the domestic data focus

this week.