GBP/USD Steady

GBP/USD is trading steady at 1.4929, unchanged. The Confederation of British Industry's ( CBI) March Industrial trends survey showed the orders fell back to 0 from +10. Expectations for output are strong. Some are blaming the slip in the survey due to a stronger British Pound. Chatter about U.K. data on Tuesday is beginning. At 7:00 AM Tuesday U.K CPI and PPI Data is due out. Trading is a little choppy.