GBP/USD traded flat on Monday, settling close to 1.3240 in a thin session with the UK on Easter Monday holiday. The pair bounced modestly from last week’s low near 1.3180, which marked the weakest level since mid-March, but the recovery has so far been shallow. Price remains in a broader downtrend from the late January high around 1.3870, with sellers capping rallies toward the 1.3300 area in recent sessions.
Source: https://www.fxstreet.com/news/australia-td-mi-inflation-gauge-mom-increased-to-13-in-march-from-previous-02-202604070103
