British Pound Lower

The U.K. British Pound, GBP/USD, last check was trading at 1.5347 down a bit and near the lows of the session. Trading has been range-bound. The pair has slipped a bit in the last hour. UK CPI fell to 0.3% in January. The lowest since the current records have been kept starting in 1988. Chatter about policy is forefront. Market talk about policy of the BOE has traders active on both sides. U.K. unemployment is due out on Wednesday.