GBP/USD Moves Down

GBP/USD is trading at 1.2433, down 0.0051. The pair is trading choppy and at session lows after showing a steady trade early in the session. Market chatter about European headline news and comments from various policy makers has kept buyers and sellers active. The U.K. Office for National Statistics (ONS) is scheduled to release U.K. GDP (gross domestic product) Friday at 4:30 a.m. ET.