• GBP/USD up to test 1.2967 courtesy of EUR/USD gains on tariff-related news

• EU plans concessions for Trump after reciprocal tariffs hit - Bloomberg TV

• 1.2967 was early Ldn high after unexpectedly positive UK retail sales data

• EUR/GBP simultaneously rises to 0.8354, highest level since Wednesday

• 0.8317 was European am three-week low on cooler French, Spanish CPI data

• 1.2922 was cable low after U.S. core PCE data. 1.2992 was Thursday's high

GBPUSD


EURUSD


EURGBP

(Robert Howard is a Reuters market analyst. The views expressed are his own)