Pound Sterling fell against the Euro and Dollar after global equity markets fell in response to a strong U.S. inflation print.
The Euro has more to gain than Pound Sterling on fading fears over tariffs.
The Pound-to-Euro exchange rate (GBPEUR) can extend its short-term trend higher, but we are entering a key resistance zone here.
Fade Pound Sterling weakness as the Bank of England's policy stance remains as 'hawkish' as ever, despite Thursday's seemingly contradictory signals.