Cable hugs 1.2550 before 359 Tory MPs cast confidence votes on UK PM Johnson

See: nL8N2XT0K5. There is a 1.2550 option expiry today nL1N2XT0VG

1.2577 was Ldn am high vs 1.2477 Asia low (1.2486-1.2589 was Friday's range)

Rise to 1.2577 aided by higher gilt yields/hawkish shift in BoE expectations

Johnson confidence vote result expected soon after 1900 GMT nL8N2XT154

GBP could take a hit if Johnson loses the vote nL1N2XT0HOnL8N2XT1A4