GBP/USD Moves Down, Industrial Production Edges Up

GBP/USD is trading at 1.3039, down 0.0021. The pair is trading moderately choppy and a little above the lows of the day. The U.K. Office for National Statistics reported that industrial production rose 0.1 percent in June versus a 0.6 percent decline in May. The National Institute of Economic and Social Research (NIESR) is scheduled to release U.K. gross domestic product (GDP) estimates at 10:00 a.m. ET.