Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build 
Eurozone Bond Yields Fall as Oil Slump Eases Inflation Fears Ahead of Central Bank Meetings 
BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook 
Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields 
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
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Chart - Courtesy Trading View
EUR/GBP spiked over 0.95% and was trading at 0.8575 at around 12:25 GMT.
The single currency buoyed across the board after the European Central Bank (ECB) announced a 50 basis points rate hike.
Markets were expecting the ECB to hike its rates by 25 bps and the move saw a knee jerk reaction across euro crosses.
Focus remains on the post-meeting press conference, Lagarde's comments might infuse some volatility.
Technical indicators have turned bullish. Price action is testing cloud top resistance. Breakout will buoy the pair higher.
