• Cable has traded on a 1.35 handle since the NY open; 1.3528 is session high

• 1.3546 was early London intra-day high, before drop to 1.3484

• Warsh's path to Fed chief job entangled ahead of Senate confirmation hearing

• UK CPI data due Wednesday; 3.3% expected. BoE rate hold expected on April 30

• New testimony raises pressure on UK PM Starmer over choice of envoy to U.S.

• Angela Rayner is favourite to be next Labour leader. UK local elections May 7

GBPUSD


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