Cable rises to 1.2810, high since Aug 5, on below-forecast UK jobless rate

4.2% vs 4.5% f/c. 1.2810 is 38.2% Fibo of recent fall from 1.3044-1.2666

1.2763-1.2781 = Asia range, pre-UK data. Pay growth ex-bonus up 5.4%, as f/c

Jobless rate fall is blow for doves advocating another BoE rate cut in Sept

US PPI data due at 1230 GMT; headline and core both forecast up 0.2% MM

UK CPI data due Wednesday at 0600 GMT; 2.3% YY f/c. Services CPI f/c 5.5% YY