• Offers may emerge near 1.35 if fresh USD selling lifts cable through 1.3469

• 1.35 was 2009 low -- the base level from 1986 until 2016 Brexit referendum

• GBP/USD was last at 1.35 in February 2022 (before Russia invaded Ukraine)

• 1.3469 was 39-month high after hot UK inflation data (released at 0600 GMT)

• British PM Starmer signals U-turn on controversial winter fuel payment cut

• Top U.S. House Republican Johnson tries to mend rifts on Trump tax cut bill

GBPUSD

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