United Kingdom Industrial Production (MoM) down to 0.7% in Mar from 0.9% in Feb. (YoY) -1.4% vs. -2.5%.

The EUR/GBP had bounced off the 0.8455 level during European trading Thursday, however an attempt at the upside was stymied at 0.8469. On the heels of economic data out of the United Kingdom and ahead of the BoE interest rate decision later today, the cross quickly retraced this movement to record fresh session lows at 0.8450/53 in these moments.