GBP/USD Moves Lower

GBP/USD is trading at 1.5132, down 0.0119. Trading has been weak. Market talk about U.S. payroll data on is ongoing. Higher than expected jobs data in the U.S. has prompted traders to aggressively buy dollars. According to a survey from the BOE, February inflation expectations in the U.K. looking ahead one year are the lowest since November 2001. The data showed expectations of 1.9 percent versus 2.5 percent in November. The two-year outlook was 2.1 percent versus 2.5 percent.