Currently 1.2727 dragged higher by EURUSD but now capped by EURGBP demand after the reverse being true in Asia. 1.2750 offers nearby.

Key UK services PMI the data risk at 09.30 GMT

Offers: 1.2750 1.2770 1.2785 1.2800 1.2830 1.2850 1.2875 1.2900

Bids: 1.2700 1.2680 1.2660 1.2630 1.2600 1.2585 1.2560 1.2520-25 1.2500