• Cable holds softer tone in NY session, risk-off flow and an energy bid keep USD supported

• Key focus on upcoming policy decisions. Markets price a Fed hike, BoE f/c to hold but could tilt hawkish

• UK data risk ahead-jobs (Tue) and CPI (Wed) could have a say on the BoE decision

• Technically, GBP/USD is holding above the 55/100/200-day MA cluster at 1.3443-1.3466

• A clean break below opens 1.3300, a bounce from here keeps 1.3600 in sight

• Near-term resistance comes in at 1.3550
GBPUSD daily chart

Justin McQueen is a Reuters market analyst. (The views expressed are his own). ((Email: ))