GBP/USD Little Higher

GBP/USD is trading at 1.4700, up 0.0037. The British pound firmed against the dollar after U.S. economic data was released. Overnight UK CPI month-over-month was up 0.2 percent versus 0.3 percent previously. The data was up 1 percent year-over-year. PPI month-over-month was up 0.3 percent versus 0.1 percent previously. Year-over-year, the UK CPI came out with no change at 0 percent.