With lack of Brexit headlines to drive........>

CABLE: With lack of Brexit headlines to drive GBPUSD remains locked in a

consolidation phase, last $1.2937. The $1.2940/45 area has so far proved hard to

overcome with the 200 & 100-dma's placed behind at $1.2959/72. A close above

would give fresh bullish signals, targeting a move toward the $1.30 level and

triangle top resistance at $1.3004.

- The 55-dma continues to underpin EURGBP on a closing basis, last Gbp0.8640.

- GBPJPY cleared the 200-dma (Y144.51) yesterday but failed to close above. The

cross drifts to Y144.19 at typing with light support noted at the handle which

also holds the 76.4% fibo of Y143.78-144.72.

- Light on the calendar today with Construction/PMI Mfg due out tomorrow, BoE

rate decision & inflation report on Thursday, followed on Friday by Services

PMI.