• Cable dips towards 1.3308 ahead of the London fix (4pm GMT)

• 1.3308 was one-week low during the London morning

• Last week's low was 1.3300 (before rally to 1.3418, five-week high)

• US Oct consumer confidence index 91.7 vs 81.0 forecast

• Fed rate hold expected on Wednesday. UK budget on Wednesday too

• US core PCE data due on Thursday. BoE rate hike expected next week

GBPUSD

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