Gbp/usd - 1.4368 ... U.K. retail sales rose by 0.3% m/m n 1.8% y/y in April versus economists' expectation of 0.2% m/m n 1.8% y/y with revised 0.5% m/m n 1.8% y/y in March. Despite intra-day volatile movements, the British pound stabilised n further sideways trading inside nr term established range of 1.4319-1.4409 wud be seen until U.S. opening. Bids are located at 1.4340/45 n 1.4310/15 whilst offers are tipped at 1.4400/05 n 1.4425/30.