GBP/USD Little Changed Ahead of Data

GBP/USD is trading at 1.2247, up 0.0013. The pair is trading on both sides of unchanged as overseas forex traders wind down trading for the day. Market talk about comments from policy makers in the U.K. and global money flows has kept buyers and sellers active in a fairly narrow range. Chatter about U.K. economic data due out Wednesday is starting to show up. The U.K. construction PMI (purchasing managers survey) is scheduled for release at 5:30 a.m. ET.