STERLING SUMMARY: Cable: Asia open $1.4117, Range $1.4088-1.4120. Europe open $1.4099, Range $1.4056-1.4101 * Euro-sterling: Asia open stg0.7920, Range stg0.7918-29. Europe open stg0.7925, Range stg0.7917-47. * Cable extended pullback from last Friday high of $1.4514 to $1.4081 post fix, recovered to $1.4120 ahead close. * Euro-sterling edged to stg0.7934, but held below its 200-weekMA at stg0.79348 * Cable touched $1.4120 at Asia open then slowly drifted off to $1.4088. * Cable recovered around $1.4100 into Europe open, touched $1.4101 before fresh dollar demand pressed rate lower. * Cable stepped its way down to $1.4067, tracked euro-dollar as euro-sterling held below stg0.7934. * Cross break to stg0.7947 dropped cable to $1.4056 before buyers emerged into the sterling dip. * UK retail sales provided buoyancy, allowed cable to edge to $1.4100, cross to ease to stg0.7922 late morning.