Currently 1.2682 underpinned as EURGBP falls

Offers/res around 1.2700 again. Demand 1.2655-60

UK CPI the data risk at 09.30 GMT

Offers: 1.2700-05 1.2725-30 1.2750-55 1.2775 1.2800

Bids: 1.2655-60 1.2625 1.2600 1.25851.2550-55 1.2530-35 1.2500 1.2480 1.2450