GBP/USD Trading Lower, U.K Services PMI Slips

GBP/USD is trading at 1.2490, down 0.0027 The pair is trading just above the session lows. Market talk about U.K. headline news and comments from policy makers is making the rounds. Markit's U.K. services PMI (purchasing managers survey) during January slipped to 54.5 from 56.2 in December.