GBP$ slides to new 1-mos low, ends NY -0.4% at 1.2316; Thurs range 1.2387-08

Soft UK ret sales; upbeat US GDP, core PCE & IJC revised lower weigh on GBP

Sterling lower still amid weak UK data, diminishing yield advantage

Markets still waiting for debt ceiling deal, USD haven bid intact

Pair testing lwr 30-d Bolli support at 1.2321, eyes 100-DMA at 1.2286

More significant supt at 1.2242, 50% of 1.1805-1.2679

Close sub-1.2242 opens way for test of dly lows on way to mid-Mar's 1.20 low

Res 1.2387 daily high Mar 25, 1.2403 55-DMA, 1.2481 30-DMA

Bearish cross in play as 10-DMA below 21/30-DMA's set to cross below 55-DMA

EUR/GBP +0.11% at 0.87, Thurs range 0.8706-0.8666; EUR a tad firm amid deteriorating UK growth view