Cable eyes 1.3229 (Tuesday's high) after extending north from 1.3157

1.3157 was Asian session low, just before UK inflation data release

UK core CPI 3.6% YY vs 3.5% Reuters poll f/c. Services CPI 5.6% vs 5.5% f/c

Headline CPI 2.2%, as f/c. USD weighed down by risk of 50 bps Fed rate cut

Markets currently see 65% chance of 50 bps Fed cut at 1800 GMT FEDWATCH

1.3238 and 1.3269 (August's 29-month high) are obstacles beyond 1.3229