GBP/USD Sharply lower

GBP/USD is trading at 1.5085 down 0.0161. Trading is brisk and the selling is pouring in. Market talk about U.S. payroll data on is ongoing. Higher than expected Jobs data in the U.S. has prompted traders to aggressively buy dollars. Also according to a survey from the BOE, February Inflation expectations in the U.K looking ahead one year are the lowest since Nov 2001.