GBP/USD: GAINS REMAIN CAPPED BELOW 1.2700 AHEAD OF BOE-SPEAK

GBP/USD Starts Strong: The British Pound is rising against the US Dollar at the start of the week.
Still Below 1.2700: The price has not yet crossed the 1.2700 level.
US Dollar Weakness Helps: The US Dollar is weaker, which is helping GBP/USD move up.
Traders Are Cautious: Investors are waiting for speeches from Bank of England (BoE) officials before making big moves.