GBP/USD Lower

GBP/USD is trading at 1.5443, down 0.0154. The pair is trading choppy just above the lows of the session. The National Institute of Economic and Social research's (NEISR) estimate of U.K. GDP came out at 0.7 percent for the second quarter versus 0.4 percent in the first quarter. The annual rate is at 2.7 percent.