GBP/USD Extends Losses

GBP/USD is trading at 1.3088, down 0.0072 The pair is trading just above the session lows in a choppy fashion. Market talk about headline news and money flows has kept buyers and sellers active. Chatter about possible comments regarding U.S. monetary policy from U.S. Federal Reserve Chair Janet Yellen at the Jackson Hole Conference on Aug. 26. is making the rounds.