GBP/USD Trading Lower

GBP/USD is trading at 1.3069, down 0.0056. The pair is trading choppy as European forex traders wind down trading for the day. Market chatter about Bank of England (BOE) monetary policy and U.S. economic data is making the rounds. The U.K. Office for National Statistics is scheduled to report Industrial production and balance of trade data Tuesday at 4:30 a.m. ET. In other Forex Markets; EUR/USD is trading at 1.1077, down 0.0056. AUD/USD is trading at 0.7611, down 0.0027. USD/JPY is trading at 101.87, up 0.68. USD/CAD is 1.3178, up 0.0162.