• Cable eyes 1.34 after extending north from 1.3331 (Asian session low)

• 1.34 is a former support point (1.3407 was June 1 low)

• Ascent towards 1.34 spurred by global stock gains (GBP is risk-sensitive)

• 1.3420 (200-day moving average) is a resistance level beyond 1.3400

• Last Friday's high was 1.3483 - before USD jumped on strong U.S. jobs data

• BoE warns of scams after fake video shows brawl with Reform UK's Farage

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