Can the GBP/USD reclaim 1.30 again as EUR/USD edges above 1.0869

A little earlier this morning, at 10am GMT the latest Eurozone HICP inflation data did tick higher than forecast. The rate rose to 2% annualised and the core rate remained at 2.7% and that has been the catalyst for the EUR/USD to now lift fractionally above the high seen s yesterday at 1.0871 and in the process press a little further above the 200 day moving average, at 1.0869. The EUR/USD is now approaching the 1.0875. At the same time the GBP/USD is lifting close to the 1.30 handle again. What is perhaps interesting to note, is from a major newswire service, which had a cut to 4.75% forecast for next week from the BOE. They have now removed that expectation. The GBP/USD is right now trading at 1.2994