Cable hit 1.3121 circa 0700 GMT after extending south from 1.3210

1.3210 was Monday's high, before USD rose on Powell's hawkish message

See: nL2N2VO1LG. GS expects 50 bps Fed hikes in May and June nL2N2VP0A3

UST yields up nL2N2VP073. 1.3121 is 10 pips shy of last Friday's low

1.3210 was pip shy of last Thursday's high (1.3088 was Thursday's low)

UK Feb PSNB ex-banks GBP 13.1 billion vs GBP 8.1 billion f/c nAPN0I1TJP