• Cable hits 1.3458 after falling further from 1.3493 (pre-UK CPI data high)

• 1.3458 is the lowest level since August 7 (1.3455 is 200DMA)

• Dollar stronger before likely rate hike from the Fed at 1800 GMT

• Ultra-hawkish hike from Fed might depress GBP/USD towards 1.3400

• Bank of England rate hold expected on Thursday, at 1100 GMT

• U.S. August retail sales data due at 1230 GMT; up 0.8% expected

GBPUSD

(Robert Howard is a Reuters market analyst. The views expressed are his own)