Cable has traded 89 pip range thus far Monday; 1.2207-1.2296 nL1N3320J0

Offers expected from 1.2300 -- at least before U.S. CPI data on Tuesday

Softer than expected U.S. CPI print could propel GBP/USD towards 1.25

Cable was last at 1.25 on June 10. UK jobs data due Tuesday at 0700 GMT

UK Nov CPI data due Wednesday; 10.9% YY f/c vs 41-year high of 11.1% in Oct

Fed and BoE are both expected to hike rates by 50 bps this week nL1N33209D