The GBP/EUR exchange rate has struggled to break through the key psychological level of 1.1900 in recent sessions. Despite recent stronger-than-expected UK inflation data, the rate has decreased to around 1.1850. Citigroup asserts that this failure to maintain higher levels poses a significant risk for the Pound. They suggest taking action and selling GBP against the Euro, anticipating a target price of 1.1430 as the Euro continues to strengthen.