Cable drops to 1.2409 (new five-month low) after disappointing UK jobs data

UK jobless rate 4.2% vs 4.0% forecast; employment down 156k vs +58k f/c

1.2423 was Asian session low (pre-UK data). UK wages up 6.0% vs 5.8% f/c

Cool UK jobs data is boost for doves advocating BoE rate cut before Q3

Incoming BoE deputy governor Lombardelli to address UK TSC from 0915 GMT

1.2400 and 1.2375 (Nov 17 low) are GBP/USD support points. UK CPI Wednesday