The UK inflation data offered no nasty surprises and the pound has taken advantage of skittish markets to stage a relief-rally
GBPUSD has posted 1.5118 helped by a little greenback selling generally but capped by the offers at 1.5220 that I've been highlighting here and here and here
Similarly EURGBP is finding demand into 0.7000 still after dipping to post 0.7005
I don't think we're going anywhere in a hurry still
Currently 1.5203 and 0.7013
