GBP/USD is trading at 1.2702, down 0.0015.
The pair is trading choppy and in the middle of the overnight range.
Market talk about weekend headline news and global money flows is making the rounds.
The U.K. November services PMI (purchasing managers survey) edged up to 55.2 from 54.5 during October.
Bank of England (BOE) Governor Mark Carney is scheduled to give a speech later today.
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