UK data risk event out at 08.30 GMT

Given the stronger showing from the clothing sector in the UK CPI data due to warm weather and early summer sales we might expect to see a stronger reading but we'll know soon enough. Rising wages could also impact

Pound getting sold again though ahead of the release

Expectations:

Expect the usual knee-jerk reaction regardless

Nearby cable levels to watch 1.5735, 1.5700-20 and EURGBP 0.7120-35 and 0.7085, 0.7050.

Currently 1.5650 and 0.7100