• GBP (+0.3%) kept in the ascendency as dollar sags

• Cable stops short of 1.3000 - intra-day high = 1.2998

• While a break will open the door to the YTD high at 1.3045

• GBP has had little joy above 1.30 during the last 2-years

• Focus will be on Jackson Hole with Powell/Bailey set to speak

• High bar for a dovish Powell would lean against chasing GBP higher

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