Cable has traded sub-1.39 since dropping to 1.3862 in Asia on USD demand

10-year UST yield hit 1.33% in Asia, highest level for a year nL4N2KN0GP

1.3862 approximates to last week's high (1.3870 was Tuesday's low)

Resistance levels beyond 1.39 include 1.3919 (Asia high), 1.3935 and 1.3955

1.3955 = Tuesday's 34-month high. UK Jan CPI +0.7% vs +0.6% f/c nL8N2KM5DX

Lockdown exit: UK could be back to work by July - Daily Mail nS8N2K0042