GBP/USD Lower

GBP/USD is trading lower Thursday. Market chatter that predictions of rates hikes from the BOE have been pushed back well into 2016 has been making the rounds. The gains from market talk after U.S. data have eroded and the pair is now trading lower on the day. GBP/USD is trading at 1.4913, down 0.0020 and near the lows of the trading session as Europe winds down trading for the day.