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Rate rallies north of $1.31 as BBC's..........>

CABLE
CABLE: Rate rallies north of $1.31 as BBC's Newsnight reports that a UK lawmaker
has been advised that German Chancellor Merkel is willing to attach a five year
time limit on the Northern Ireland backstop - potentially easing resistance to
PM May's deal should it face a vote in the Commons again. GBP/USD's rally tops
out at $1.3122 (Apr3 low) so far, allowing bulls to shift their neat-term
targets up to the 21-dma at $1.3157.

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