United Kingdom Jan Average Earnings excluding Bonus (3Mo/Yr) falls to 1.2% vs 1.3%

The EUR/GBP rose during the London session to test 0.8580 ahead of the UK data and BoE March meeting minutes. MPC members made the same 6-3 vote against further QE of February meeting and recent data has not altered economic outlook but inflation looks a little higher. The EUR/GBP plunged back to the opening price of 0.8534, as of writing.