GBP/USD - 1.4815.. Y'day's rally fm 1.4646 due to massive short-covering after release of much stronger-than-expected UK retail sales showed there are still many shorts out there n despite being capped by offers at 1.4830-60 area, good buying interest is touted at 1.4790-70 area, more stops are reported abv this week's high of 1.4857, so buying sterling on dips is favoured but do look out for UK's Public Sector Net Borrowing figures at 08:30GMT.