GBP/USD trades marginally higher on the day above 1.3500. The data from the UK showed earlier in the day that the Consumer Price Index (CPI) rose in line with expectations at 3.3% YoY, while on a monthly basis, CPI increased 0.7% in March, compared to a 0.6% growth estimated. Meanwhile, renewed US Dollar weakness is supporting the pair as US-Iran ceasefire drives market optimism.
Source: https://www.fxstreet.com/news/united-states-mba-mortgage-applications-climbed-from-previous-18-to-79-in-april-17-202604221100







