GBP/USD is trading at 1.2513, up 0.0041.
The pair is trading rangebound. Market chatter about weekend headline news along with comments from global policy makers is making the rounds.
The U.K. Office for National Statistics (ONS) is scheduled to release U.K. consumer price inflation figures (CPI) and producer prices (PPI) Tuesday at 4:30 a.m. ET.
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