• GBP/USD -0.1% in Asia Mon with UK Prime Minister Starmer vowing to dig in

• Andy Burnham's election puts leadership issue squarely on short-term agenda

• Calls for amicable handover met with defiance as situation remains live

• Increasing chances of Fed rate hikes lending USD further support

• UK May retail sales +1.2% m/m, +3.2% y/y (poll +0.5%, +1.9% respectively)

• GBP downtrend in place, break below 1.3160 support will hasten move

• Range Asia 1.3180-1.3225, support 1.3160 1.3040, resistance 1.3867 1.4250
GBP Daily 55-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)