• 1.3545-50 option expiries help to anchor cable ahead of the 10am ET NY cut

• U.S. May consumer confidence gauge due at 10am ET; 87 f/c vs 86 in April

• GBP/USD offers expected pre-1.36 and 1.3650 (1.3643 was February 2022 high)

• 1.3593 was Monday's 39-month peak. Support points include 1.3522 and 1.3500

• IMF expects BoE to cut rates by 25 bps once a quarter to 3% (from 4.25% now)

• Britain considers ditching two-child cap on benefit payments

GBPUSD

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