• Cable falls to 1.3274, its lowest level since Oct 16, as oil prices rise

• Britain is net energy importer; US is net energy exporter

• 1.3300 (last week's low) is now a GBP/USD resistance level

• UK finance minister Healey to unveil his first budget from 1230 GMT

• Healey says he will help households by scrapping fixed gas charges

• Fed rate hold expected at 1800 GMT; Warsh briefing starts 1830 GMT

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