Monday's Asia-Pac hours saw cable tick........>

CABLE: Monday's Asia-Pac hours saw cable tick higher from off, with no apparent

catalyst in terms of news flow or major data releases, before easing off

somewhat into the European morning. Subsequent lift to intraday highs of $1.3119

on the back of broader USD weakness was followed by paring some gains into the

close, with the rate finishing 26 pips higher.

- Following last week's decision to postpone Brexit until Oct 31, attention

turns to British internal political situation. Yesterday, the gov't's spokesman

said that Brexit talks with Labour & the DUP are ongoing, while adding that PM

May is not thinking about calling a snap election to break the deadlock.

- GBP/USD last seen at $1.3097, 3 pips lower on the day.

- Bulls look for a squeeze above the cloud top, which comes at $1.3116, 10 pips

ahead of the 21-DMA. A break above these levels would expose Friday's weekly

high of $1.3033. Conversely, a convincing breach of the 55-DMA at $1.3093, which

has limited losses thus far, would open up the 200-DMA at $1.3081.

- UK labour mkt report takes focus on Tuesday, while CPI and retail sales hit on

Wednesday and Thursday respectively. BoE Gov Carney will speak on Wednesday.