GBP/USD is trading at 1.5605, down 0.0010. The pair is trading rangebound just under the highs of the session during early U.S. forex trading on Tuesday.
U.K. July construction PMI came out at 57.1 versus 58.1 in June. U.K. house prices rose in July by 3.5 percent year-over-year versus 3.3 percent in June. Month-over-month the data was up 0.4 percent in July versus June's decline of 0.2 percent. Market talk about the Bank of England monetary policy meeting on Thursday is constant.
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