EMU: Annual CPI picks up slightly less than expected in April

According to preliminary data released today by Eurostat, Eurozone annual inflation accelerated to 0.7% in April, from 0.5% growth registered the previous month, slightly below forecasts of +0.8%.
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EUR/GBP in highs beyond 0.8220

The EUR/GBP has broken above the recent consolidation pattern around 0.8210 following the now better tone from the single currency....
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