Cable holds below 1.40 resistance level after big UK retail sales data miss

Down 8.2% MM in Jan vs -2.5% f/c, down 5.9% YY vs -1.3% f/c nS8N2JN09P

GBP/USD rose to threaten 1.3986 ahead of the UK retail sales data

1.3986 was Thursday's 34-month high. 1.4000 is an option barrier level

See: nL1N2KO1JI. 1.3952 (Asia low), 1.3927 and 1.3900 are support points

1.3927 = pullback low from Thursday top. UK Feb PMIs 0930GMT, service f/c 41