• Cable falls to 1.3317 as dollar strengthens before two-day Fed meeting starts

• 1.3317 is one-week low. Bids likely near 1.3300 (last week's low)

• Oct 22 low of 1.3355 is now a resistance level (1.3346 was Asia high)

• UK's minimum wage to rise nearly 4%, Times reports. UK budget on Wednesday

• British Retail Consortium warns "dam is starting to break" on price rises

• Bank of England is expected to raise its policy rate to 4% next week (Nov 5)

GBPUSD

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