Cable rises to 1.2615 as BoE ups year-end CPI f/c to 5.1%, from 3.9% in Feb

CPI revision accompanies BoE's as expected 25 bps hike to 4.5%, by 7-2 vote

1.2615 is highest level since 1.2565 (intra-week low during London morning)

BoE now sees 0.25% GDP growth this year vs Feb's 0.5% contraction forecast

CPI, GDP upward revisions increase probability of another BoE hike in June

1.2679 was 54-week GBP/USD high Wednesday (post-US CPI). PPI data 1230 GMT