• Cable has traded an 18 pip range since 1000 GMT; 1.3215-1.3233

• The base of that range is the lowest level since June 30

• Bear targets include 1.3140 (2026 low, on June 24) and 1.30

• Dollar rally tells Trump Treasury that the 'house' is losing

• US current account deficit widened sharply in the second quarter

• UK retailers cut supplier orders by most since records began in 1983

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