// COMPARE

Cable was steady at 1.3464 even as gilts slumped on political risk tied to a reported Burnham leadership challenge to Starmer.

UK fiscal and political jitters are capping sterling despite a broadly soft dollar, leaving the pair range-bound.

1.3400 support and 1.3550 resistance frame the range; gilt headlines are the near-term swing factor.

Gold edged up 0.3% to $4,489, holding the $4,500 zone, after a Reuters note flagged it has overtaken Treasurys as the top central-bank reserve asset.

Structural central-bank demand and sticky inflation underpin gold even with real yields elevated — a durable, not speculative, bid.

$4,500 is immediate resistance, $4,420 support; any hot inflation read keeps the bid firm.