Press report the Brexit talks between.........>

CABLE: Press report the Brexit talks between Conservatives and Labour have

stalled, differences appear to be emerging between the two on customs union

rules, environment and workers' rights, according to the report. Reaction to

this Guardian report saw cable break below recent lows of $1.3051 before meeting

support at $1.3043 (just ahead of its Apr10 low of $1.3041). Rate has managed to

lift back to $1.3059, currently trades around $1.3057 in post Europe trade. UK

press had been speculating that opposition Labour could to slow down the Brexit

talks progress, looking for the Govt to fight the European elections where they

are likely to get a bruising. With a rise in recent opinion polls Labour would

likely look to find ways to force the Govt into a General Election, though PM

May more likely to pushed out by her own party if she is to go. Support remains

into $1.3040, more between $1.3031-27 ahead of $1.3000. Resistance $1.3120.

- UK Inflation data due for release Wednesday along with a speech by BOE Carney.