GBP/USD Little Higher

GBP/USD is trading at 1.5251, up 0.0053. The pair is trading near the highs of the session.

Chatter about U.K. data has been making the rounds and has kept both buyers and sellers active. Market talk about the Bank of England's monetary policy meeting on Thursday is non-stop.

UK May Construction PMI came out at 55.9 versus 54.2 in April. April Mortgage Approvals were 68,076 versus 61,940 in March. UK Consumer Credit came out at 1.173 billion versus 1.294 billion and net lending to individuals was 2.9 billion versus 3.3 billion on the previous report.

Chatter about Nationwide year-over-year house price data due out Wednesday followed by UK Services PMI data is just beginning to make the rounds.