• Cable eyes 1.3400 (Asia low) after data shows jobless rate rose to 5% in March

• 4.9% print was expected. UK employers cut hiring and post fewer jobs in April

• 1.3449 was Monday high, after Burnham guidance spurred GBP short-covering

• Burnham committed to UK fiscal rules if he becomes PM. Monday low was 1.3304

• UK April inflation data due on Wednesday, at 0600 GMT; CPI expected at 3%

• Warsh to be sworn in as Fed chair at White House on Friday

GBPUSD


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