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• Cable has traded a 22.5 pip range since the London open; 1.3439 is session low
• 1.3407-1.3485 marks the traded range since Friday (May 29)
• UK May services PMI upwardly revised to 49.3, from 47.9 flash estimate
• Five-year gilt yields rise to their highest level since May 22
• U.S. May ADP jobs data, ISM services index ahead; 117k and 53.8 forecast
• May 3, 2029 is one of the most likely dates for the next
UK general election
GBPUSD

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