• Cable falls to 1.3470 as dollar benefits from higher oil prices, UST yields

• 10-year UST yield rose to 5.02% in Asia, its highest level since 2007

• 1.3470 is six pips shy of Monday's five-week low (1.3455 is 200DMA)

• 1.35 is now a resistance level (1.3501 was Asian session high)

• UK jobs market stays soft before BoE rate call. CPI data due Wednesday

• BoE to stop selling 20-year and 30-year gilts, Telegraph reports

GBPUSD

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