GBP/USD Extends Lossses

GBP/USD is trading at 1.2296, down 0.0080. The pair has extended the session losses. Chatter about global money flows and European headline news is making the rounds. Market talk about recent comments from U.S. economic and monetary policy makers has been constant. Chatter about buyers backing away for 1.2250 is showing up. Talk about sellers near 1.2350 is making the rounds. In other Forex Markets; EUR/USD is trading at 1.0522, down 0.0046. AUD/USD is trading at 0.7653, up 0.0011. USD/JPY is trading at 113.88, up 0.79. USD/CAD is trading 1.3325, up 0.0016. USD/CNY is trading at 6.879, up 0.0130.