I think ECB rate decision in 1 hr will also hv a effect on GU movement, there is only 10% chance that they will be hawkish, in all other cases EU & GU will head south...maybe 1.2592
If it breaks 1.2557 which is 61.8% fibo, then R1 1.2574 & then 1.2640, going long
Will there be any effect of UK Cpi on GU movement?