GBP/USD Little Changed, Focus on BOE

GBP/USD is trading at 1.3271, up 0.0009. The pair is trading rangebound early Monday morning. Chatter about weekend European headline news and money flows has kept buyers and sellers active in a fairly narrow range. Market talk about the U.K. economy and Bank of England monetary policy is constant. The U.K. Office for National Statistics (ONS) is set to release CPI (consumer prices) and PPI (producer prices) data Tuesday at 4:30 a.m. ET. The Bank of England (BOE) is scheduled to announce is there is any change to monetary policy Thursday September 15th at 7:00 a.m. ET.