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• Cable has traded a 15 pip range since the NY open; 1.3551-1.3566
• 1.3566 is five pips shy of the London morning three-month peak
• Friday high was 1.3561, after unexpectedly negative U.S. retail sales data
• Raft of UK data due this week, starting with pay on Tuesday at 0600 GMT
• UK inflation figures due Wednesday; CPI is forecast to rise to 2.9% YY
• Iran threatens to go on the offensive in Strait if
diplomacy with U.S. fails
GBPUSD

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