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• GBP/USD unchanged in Asia after closing 0.2% lower Mon on broad dollar rally
• Inability to post gains despite positive risk sentiment, lower oil weighs
• Repeated failures at 55-day MA, currently at 1.3408, leads to momentum loss
• Caution ahead of UK budget & Fed rate decision on Wed likely to cap rallies
• Mindful of the markets, UK's Healey is set to deliver a careful budget
• Britain's minimum wage to rise nearly 4%, Times reports
• UK retail body warns 'dam is starting to break' on price rises
• Resistance 1.3360, 1.3390-1.3400, support 1.3325, 1.3300-05, 1.3280
• Monday range 1.3326-1.3388, Asia 1.3335-1.3346
GBP:
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)