GBP/USD Moves Down

GBP/USD is trading at 1.2125, down 0.0079. The pair is trading choppy and just above the session lows. Market talk about U.K. headline news and the U.K. economy is making the rounds. The U.K. Office for National Statistics (ONS) is scheduled to release U.K. unemployment data Wednesday at 5:30 a.m. ET.