GBP/USD Little Higher Ahead of Data

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GBP/USD is trading at 1.3131, up 0.0029.The pair is trading a little higher as European forex traders wind down trading for the day. Market chatter about the U.K. economy and comments from policy makers is constant. Market talk about U.K. economic data due out the rest of the week is making the rounds. The British Bankers' Association (BBA) is scheduled to report mortgage approvals Tuesday morning. On Wednesday the U.K. Office for National Statistics (ONS) is scheduled to report second quarter GDP (gross domestic product) at 4:30 a.m. ET.

Crypto Whales Are Loading Up — Are You?

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