GBP/USD Trading Higher

GBP/USD is trading at 1.3016, up 0.0050. The pair is trading modestly choppy and just under the session highs. Market talk about recent comments from Bank of England members and U.S. policy makers has kept both buyers and sellers active. The U.K. Office for National Statistics (ONS) is scheduled to release final second quarter gross domestic product figures (GDP) Friday at 4:30 a.m. ET.