(corrects level in 4th bullet)

• Cable jumped to 1.3546 as the pound elicited a knee-jerk boost from UK data

• ILO jobless rate 4.9% vs 5.2% median estimate; UK pay growth higher than expected

• 1.3546 is 2.5 pips beyond Monday's high (1.35345 was Asia high, pre-UK data)

• Retreat from 1.3546 based 3.5 pips shy of 1.3515 (Asian session low)

• UK PM Starmer seeks to deflect blame over Mandelson appointment

• Sacked UK Foreign Office official Robbins to address MPs from 0800 GMT

GBPUSD


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