Cable climbs to 1.3229 as 50 bps Fed rate cut risk continues to weigh on USD

1.3229 is highest level since Sept 6 (1.3238 was high that day)

Markets currently see 67% chance of 50 bps Fed cut on Wednesday FEDWATCH

That is up from 15% chance on Sept 12 - before WSJ, FT guidance on Fed

1.3269 (August's 29-month high) and 1.33 are resistance levels beyond 1.3238

US August retail sales data due at 1230 GMT; minus 0.2% MM forecast