Cable holds above 1.2400 ahead of U.S. March inflation data at 1230 GMT

Bids pre-1.2400 based retreat from Tuesday's post-Easter high of 1.2456

1.2346 was Monday's one-week low. U.S. CPI f/c 5.2% YY, core f/c 5.6% YY

BoE's Bailey to speak about 'The shifting risk landscape' at 1300 GMT

UK February GDP data due Thursday at 0600 GMT; growth of 0.1% forecast

Megan Greene to join BoE MPC on July 5, replacing ultra-dovish Tenreyro