GBP/USD Edges Up

GBP/USD is trading at 1.2216, down 0.0039. The pair is trading choppy and has moved up from the session lows as overseas forex traders begin to wind down trading for the day. Market chatter about the U.K. economy and global headline news is making the rounds. The U.K. Office for National Statistics (ONS) is scheduled to report GDP (gross domestic product) on Thursday October 27th.