GBP/USD Little Higher

GBP/USD is trading at 1.2427, up 0.0019. The pair is trading just under the session highs. Market talk about recent comments from European policy makers and global money flows is making the rounds. Trading is rangebound. The U.K. Office for National Statistics ( ONS) is scheduled to release U.K. public sector borrowing figures Tuesday 4:30 a.m. ET.