Recovery Monday(off an Asian low of...........>

CABLE: Recovery Monday(off an Asian low of $1.3056) fell just short of an upside

technical target at $1.3170, touched $1.3167 before it reversed back to $1.3111

ahead of the close. Consolidation in Asia saw rate contained within a tight

range around $1.3115 before USD demand at the Tokyo fix, returning Japanese

market and Sep25 a Goto-bi day, acted to pressure rate down to $1.3002. Rate

retains a heavy feel into early Europe, though trade thus far remains fairly

lethargic. Tech traders have suggested that the break below $1.3108 turns focus

on $1.3065. A move below $1.3100 may accelerate this view. Resistance remains

into $1.3170. BOE external MPC member Vlieghe speaks this morning at 0840GMT in

an otherwise data light domestic calendar. Brexit developments remain a key

driver. Opposition Labour Party conference continues.