Mexico Trade Balance s/a, $: $3.351B (April) vs $2.499B

GBP/USD gains further traction in quite a positive session on Monday, climbing to multi-day peaks just past the 1.3500 mark. Improving risk sentiment, driven by growing optimism surrounding a potential reopening of the Strait of Hormuz, keeps the Greenback under pressure and allows Cable to extend its positive momemtum.