GBP$ quiet in NorAm ends session +0.18% at 1.2270; NY range 1.2294-50

UK CBI orders nL8N2Y82IH, rail strike weigh pre-inflation data Wednesday

Sterling gets a little warmer before likely CPI heat nL1N2Y816B

UK May CPI f/c at 9.1% vs 9& in April, may force higher BoE hike path

GBP$ hovers either side of 10-DMA 1.2274, res Tues high 1.2325

Further res June 16 high 1.2405, Daily cloud base 1.2522 caps

Support 1.2243 Tues low, 1.2170 50% Fib of 1.1934-1.2405 Mid-June range

EUR/GBP +0.1% at 0.8582, Tues range 0.8609-0.8576; ECB seen more hawkish boosts EUR