GBP/USD, Little Changed Ahead of Data

GBP/USD is trading at 1.2165, down 0.0004. The pair is trading rangebound as European forex traders wind down trading for the day. Market chatter about U.K., economic data due out Wednesday is starting to show up. The U.K. Office for National Statistics is scheduled to release Balance of Trade figures and industrial production data at 4:30 a.m. ET. The U.K. treasury committee hearing is scheduled at 9:15 a.m. ET.