• Cable consolidates losses from 1.2689 before U.S. core PCE data at 1330 GMT

• 1.2689 was Thursday's high, before Trump's tariff guidance boosted dollar

• Descent extended to 1.2575 circa 0630 GMT, lowest level since Feb 14

• 1.2605 is subsequent high water-mark (1.2607 was Tuesday's low)

• U.S. Jan core PCE forecast 0.3% MM, 2.6% YY. Hotter prints might inflate USD

• BoE's Ramsden says wage pressures raise risk of above-target UK inflation

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