Wentz and Simpson to wed Saturday?

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Pete Wentz and Ashlee Simpson

Ashlee Simpson and Pete Wentz are set to tie the knot this weekend, according to US reports.

The pop couple are keeping the location and time a closely-guarded secret, but US Weekly reports the pair will wed this weekend.

A source told the publication: 'Proper invites have not been sent out but guests have been given a save-the-date notice.'

A rehearsal dinner for 'family and close friends only' will take place on Friday.

Fall Out Boy rocker Wentz and singer Simpson announced their engagement in April, and it is rumoured that Ashlee is pregnant with her fiancé's child - a speculation she has yet to confirm.