GBP/USD Little Higher

GBP/USD is trading at 1.5642, up 0.0034. The pair is steady just under the session highs. Market chatter about possible comments from the U.S. Federal Reserve statement this afternoon has kept both buyers and sellers active. The Bank of England showed that June Mortgage Approvals were 66,580 versus 64,830 in May. The CBI Distributive Trades survey released this morning showed expected sales volume balance for August dropped and the August expected orders volume fell. The August expected sales index was 13 Versus 33 in July. The August volume of orders is expected came in at -10 versus 31 in July. The U.K. CBI July Volume of Sales came in at 21 versus 29 in June.