GBP/USD Trading Higher

GBP/USD is trading at 1.2209, up 0.0045. The pair is trading just under the session highs during early U.S. forex trading. Market chatter about recent comments from U.K. policy makers on Brexit and the U.K. economy is ongoing. Market talk about U.S. economic data due out later today and U.K. economic data due out next week is making the rounds. The U.K. Office for National Statistics is scheduled to release consumer price inflation figures (CPI) and producer prices (PPI) Tuesday at 4:30 a.m. ET.