• Sterling down again amid broad but modest dollar gains

• Monday's 1.3061 high is at the falling daily tenkan line

• Last week's high was rejected near the daily Kijun, 30-d BB propped

• Falling gilt-Tsy yield spreads are the main weight on prices

• Fed seen overtaking BOE's rate hikes by year-end and beyond

• Two- and 10-yr Tsy yields are nearing 2.977% and 3.26% 2018 peaks

• Pullbacks from those hurdles is next best chance for Cable rebound

• Last week's 1.2973 trend low is again by the lower 30-day BB support

• The 1.2973 low also left bullish divergence on daily RSI

• And IMM net specs upped last week to highest since Dec's peak

• A sub-1.3000 close looks key to hitting 50% of 2020-21 rise at 1.2831

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