// 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.

Alphabet dropped 3.9% to $362, underperforming its mega-cap peers on the session.

Profit-taking after a strong run, plus fresh questions about how Google funds its heavy AI capex, weighed on the shares.

$355 is first support; a reclaim of $370 is needed to steady the trend.