Cable falls to 1.2180 intra-day low on below-forecast UK pay growth data

Up 8.1% YY vs 8.3% forecast. Ex-bonus pay growth up 7.8% YY, as expected

ONS says 11,000 fewer people were in payrolled employment in Sept vs August

1.2195-1.2216 was Asia range (pre-UK data). 1.2136-1.2219 was Monday's range

UK pay growth miss is blow for hawks advocating another BoE rate hike

UK Sept inflation data due Wednesday at 0600 GMT; CPI forecast at 6.6% YY