Can the GBP/EUR resume the strong uptrend, or do forecasters believe it has peaked?

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German Consumer Price Inflation sent the Pound to euro exchange rate down today, drfiting off recent multi-year best conversions. 

Can the GBP/EUR resume the strong uptrend, or do forecasters believe it has peaked? 

A brief foreign exchange market summary before we bring you the rest of the report: 

The Pound to Euro exchange rate: GBP/EUR converts at 1.405.
The Euro to Pound exchange rate: EUR/GBP conversion is 0.712.
The Euro to US Dollar exchange rate: EUR/USD conversion is 1.05.
The Euro to Swiss Franc exchange rate today is converting at 1.056 EUR/CHF.

NB: the forex rates mentioned above, revised as of 14th Mar 2015, are inter-bank prices that will require a margin from your bank. Foreign exchange brokers can save up to 5% on international payments in comparison to the banks. Speak to a recommended FX provider to lock in the best exchange rates. - See more at: http://www.exchangerates.org.uk/news/12073/sterling-vs-euro-drops-following-latest-german-cpi-figure-.html#.dpuf