*** Recovery off the NY pullback low of.......>

CABLE: *** Recovery off the NY pullback low of $1.3224(off Monday's high of

$1.3279) met resistance at $1.3250 in Asia, early Europe able to extend move to

$1.3254 before momentum faded. Resistance seen at $1.3258/66(61.8%-76.4%

$1.3279-24). A break of $1.3266 to expose Monday's high of $1.3279, though tech

traders suggest rate needs a break of $1.3300 to boost upside potential. Support

has moved up to $1.3220. 

* Talk that PM May has Cabinet approval to up the Brexit divorce bill offer seen

supporting sterling.

- Press reports suggest Brexiteer MP's are pushing PM May to take advantage of

Germany political woes. 

* UK Public Borrowing at 0930GMT. CBI Trends 1100GMT.

* BOE Cunliffe, MCafferty, Vlieghe, Saunders attend hearing on Nov Inflation

Report 1000GMT. 

* Options; Small expiry for today's NY cut, $1.3150(Gbp278mn)