GBP/USD Trading Higher, Contruction PMI Stable

GBP/USD is trading at 1.3239, up 0.0056. The pair is trading just under the session highs. Market chatter about UK economic data, money flows and Bank of England monetary policy has kept both buyers and sellers active. Chatter about U.S. economic data due out the rest of the week is just beginning. The U.K. July construction PMI (purchasing managers survey) edged lower to 45.9 versus 46 in June.