GBP/USD Moves Up

GBP/USD is trading at 1.4631, up 0.0019. The pair is trading near multi-year lows and has moved a little higher during a range-bound trading session. Market talk about upcoming UK elections, UK balance of trade and continued market talk about U.S. monetary policy has both buyers and sellers active. On Tuesday, UK CPI and PPI data is due out at 4:30 a.m. ET.