Italy Feb Unemployment declines to 11.6% vs 11.7% in Jan.

The EUR/GBP was subject of demand earlier, ahead of the London opening, as the market was getting ready for the Markit manufacturing PMI data. The cross peaked at 0.8452 high and quickly retraced it all back to the opening price at 0.8436 ahead of the UK data, including manufacturing PMI and money supply.