Cable holds sub-1.21 after drop to 1.2069 on softer than expected UK Jan CPI

10.1% vs 10.3% f/c nL8N34V1EH. Gilt yields down by 11-13 bps nL8N34V3GF

1.2135 was Asian session base (before UK inflation data release at 0700 GMT)

Support points below 1.2069 include 1.2031 (Monday's low) and 1.2000

U.S. Jan retail sales data due at 1330 GMT; 1.8% MM f/c vs minus 1.1% in Dec

Sturgeon to resign as Scotland's First Minister nL8N34V3GKnL8N34V2TH