GBP/USD Moves Down

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GBP/USD is trading at 1.5249, down 0.0068. The pair is trading lower Friday morning. Trading is range-bound and a little weak. The GfK consumer confidence survey fell a little in May versus April's data, The reading of 1 is well above the long-term average of -9, but below the 4 in April. The highest reading was in June 2002 at 6 and a year ago in May 2014 it was 0. Market talk about the Bank of England's monetary policy meeting next week is making the rounds.
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