GBP/USD Moves down

GBP/USD is trading at 1.5878 up 0.0032. The pair has moved down off the highs of the session eroding some the early gains. The pair is trading choppy as European traders wind down trading for the day. The Council of Mortgage Lenders (CML). Reported that Mortgage lending in the U.K rose by 2% in May versus with April. U.K. May Retail sales year over year came out up 4.6 % versus up 4.6 % in April. Month over month retail sales were up 0.2 % versus up 0.9 %.