GBP/USD Moves Down

GBP/USD is trading at 1.3150, down 0.0041. The pair is trading lower after showing a steady trade early in the day. Chatter about Bank of England monetary policy and U.K. economic data is making the rounds. Trading is choppy. The Bank of England (BOE) is scheduled to announce is there is any change to monetary policy Thursday at 7:00 a.m. ET.