GBP/USD Extends Losses

GBP/USD is trading at 1.2870, down 0.0035. The pair has extended the session losses. Trading is choppy. Market talk about U.K. economic data due out this week is making the rounds. The U.K. Office for National Statistics(ONS) is scheduled to release inflation data Tuesday at 4:30 a.m. ET and unemployment figures Wednesday. U.K. Retail sales data is due out Thursday.