Tacked on quick 25 pips or so since I sat down, presently at 1.6225.
Important inflation data due today:
08:30 GMT: CPI for April expected +0.7% m/m, +4.1% y/y, core +3.2% y/y
08:30 GMT: DGLG house prices for March expected +0.9% y/y
Obviously stronger than expected data will be supportive of sterling and vice versa.
