• Cable hits 1.3462 as pound benefits from UK April retail sales data beat

• Up 1.2% MM vs 0.2% f/c. 1.3462 is six pips shy of Wednesday's 39-month peak

• Strong UK retail sales data underpins expectation of BoE rate hold in June

• 1.3392-1.3440 was GBP/USD range on Thursday. G7 glosses over tariffs

• UK's Ofgem lowers price cap on UK household energy bills by 7%

• U.S. Supreme Court ruling eases worries over Trump's ability to fire Powell

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