GBP/USD Trading Lower

GBP/USD is trading at 1.3001, down 0.0037. The pair is trading at session lows. Market talk about money flows and comments from various policy makers in the U.K and European Union is making the rounds. The U.K. Office for National Statistics ( ONS) is scheduled to release public sector borrowing figures Wednesday at 4:30 a.m. ET. Chatter about the U.S. Federal Reserve policy decision due out Wednesday afternoon is constant.