• Cable has traded a 28 pip range since the London open; 1.2437-1.2465

• 1.2465 is four pips shy of last Friday's pre-NFP data high (Feb 7)

• U.S. CPI data due 1330 GMT: 0.3% MM, 2.9% YY f/c. Core f/c 0.3% MM, 3.1% YY

• Hotter than expected U.S. CPI data might deflate GBP/USD towards 1.2400

• Fed's Powell speaks again from 1500 GMT. Trump readies reciprocal tariffs

• BoE MPC member Greene speaks at 1500 GMT. UK GDP data due Thursday, 0700 GMT

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