Cable has traded a 51 pip range thus far Friday; 1.2317-1.2368

Those parameters are within Thursday's 1.2308-1.2387 range

1.2308 was lowest level since April 3 (1.2275 was low that day)

UK retail sales up 0.5% MM in April vs 0.3% f/c; March revised down by 0.3%

U.S. April core PCE data due at 1230 GMT; 0.3% MM and 4.6% YY forecast

Biden, McCarthy looking to close US debt ceiling deal for two years