• Cable eyes 1.2717 (last week's 10-week high, Feb 26) after vaulting 1.2700

• Lower UST yields are helping weigh on the dollar

• Unexpected decline in U.S. Jan construction spending is also USD-negative

• Resistance levels beyond 1.2717 include 1.2730 (Dec 18 high) and 1.28

• Four BoE MPC members, including Bailey, to address UK TSC on Wednesday

• Rubio thanks UK for encouraging Europe to provide for its defense

GBPUSD

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