GBP/USD Moves Down, U.K. GDP Firms

GBP/USD is trading at 1.3099, down 0.0046. The pair is trading choppy and a little above the session lows. Market chatter about the U.K. economy and money flows is making the rounds. The U.K. Office for National Statistics (ONS) reported that second quarter U.K. GDP (gross domestic product) rose 0.6 percent versus a 0.4 percent rise in the first quarter. Year over year U.K. GDP rose 2.2 percent in the second quarter versus a 2 percent year over year rise in the first quarter.