GBP/USD Moves Up, PM Cameron to Resign

GBP/USD is trading at 1.3003, up 0.0065. The pair is trading near the highs of the session as overseas forex traders wind down trading for the day. Talk about U.K. politics is ongoing. U.K. Prime Minister David Cameron has announced he will resign on Wednesday. Market chatter about recent comments made by Bank of England (BOE) Governor Mark Carney is showing up. The Bank of England (BOE) is scheduled to publish the record of the latest Financial Policy Committee meeting at 4:30 a.m. ET. The BOE quarterly inflation report is scheduled for release at 7:00 a.m. ET.