• Cable climbs to 1.2631 as U.S. retail sales miss continues to weigh on USD

• 1.2631 is highest level since Dec 19 (1.2665 was high that day)

• UST yields fall further, after tumbling on Thursday (which weighed on USD)

• 1.2600 (former resistance level) is now a GBP/USD support point, pre-1.2575

• British PM Starmer plans U.S. visit with tariffs and defence in focus

• U.S. looking at currency manipulation in tariff debate, Treasury chief says

GBPUSD

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