GBP/USD Trading Higher Ahead of Data

GBP/USD is trading at 1.3261, up 0.0087. The pair is trading near a little under the highs of the day as European traders wind down trading for the day. Market chatter about comments from members of the Bank of England is making the rounds. The U.K. Office for National Statistics is scheduled to release inflation data at 4:30 a.m. ET. Trading is rangebound.