Currently 1.2392 after early hit lower to 1.2341
EURGBP capping into 0.8730 helping to underpin along with general USD softness.
UK inflation data at 09.30 GMT casting its shadow.
Offers: 1.2400 1.2420 1.2435 1.2445-50 1.2480 1.2500 1.2520 1.2550-55
Bids: 1.2360 1.2335-40 1.2320 1.2300 1.2285 1 .2250 1.2200
