Cable holds close to 1.1934 despite unexpected rise in UK Jan retail sales

Up 0.5% MM vs minus 0.3% f/c. 1.1934 was six-week low pre-UK data release

Drop to 1.1934 spurred by growing risk Fed rates heading to/through 5.5%

Goldman Sachs expects 25 bps Fed hikes in March, May and June nFWN34X4B9

Mester and Bullard: Fed likely should have raised rates by 50 bps on Feb 1

1.1966 (Thursday's low) and 1.2000 are now GBP/USD resistance levels