GBP/USD Moves Down

GBP/USD is trading at 1.2965, down 0.0053. The pair is trading rangebound as overseas traders prepare to wind down forex trading for the day. Market talk about the U.K. economy, money flows and headline news has kept buyer and sellers active. The U.K. Office for National Statistics is scheduled to report construction output data at 4:30 a.m. ET.
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