GBP/USD Higher Ahead of Data

GBP/USD is trading at 1.3323, up 0.0061. The pair is trading near the session highs as overseas forex traders wind down trading for day. Chatter about U.K. economic data and Bank of England (BOE) monetary policy is making the rounds. The U.K. Office for National Statistics (ONS) is scheduled to release, CPI (consumer prices) and PPI (producer prices) at 4:30 a.m. ET. The Bank of England (BOE) is scheduled to announce is there is any change to monetary policy Thursday at 7:00 a.m. ET.