• Cable falls to 1.2902 as global stock prices slide (pound is risk-sensitive)

• 1.2902 is lowest level since Thursday (1.2871 was two-week low that day)

• 1.2920 (Ldn am low) is now a resistance level (1.2923 was Asian session low)

• CFTC data: net GBP long rose 50% to highest since Nov in week ended March 25

• BoE MPC hawk Greene is due to speak on Tuesday at 0815 GMT

GBPUSD

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