• Cable drops to 1.3231 as safe-haven dollar catches fresh bid
• 1.3231 is the lowest level since early December (1.3212 was Dec 3 low)
• Asian session low was 1.3315 - before UK GDP data miss hurt pound
• CFTC data on FX positioning is due at 3.30pm ET (1930 GMT)
• Data is likely to show net GBP short rose again in the week to March 10
• Barclays expects Fed to push back rate cuts on
inflation worries
GBPUSD

(Robert Howard is a Reuters market analyst. The views expressed
are his own)















