GBP/USD Extends Gains

GBP/USD is trading at 1.3427, up 0.0118. The pair has extended the session gains as overseas forex traders prepare to wind down trading for the day. Market chatter about global money flows and U.S. economic data has kept buyers and sellers active. Market talk about U.K. economic data due out Wednesday is starting to make the rounds. The U.K Halifax House Price Index is scheduled for release at 3:30 a.m. ET. The U.K. Office for National Statistics is scheduled to report industrial production data at 4:30 a.m. ET.