Currently 0.7417 on euro demand after the earlier GBP M&A-led wobble to 0.7392. UK CPI data coming up at 08.30 GMT

Offers:0.7425-30 0.7450-60 0.7475-80 0.7500 0.7530 0.7550

Bids: 0.7400 0.7385-90 0.7365 0.7350 0.7330-35 0.7300 0.7285 0.7265 0.7250