GBP/USD Steady, U.K. GDP 0.5 percent.

GBP/USD is trading at 1.2236, up 0.0003. The pair is trading choppy and in the middle of the session range. The U.K. Office for National Statistics (ONS) reported that third quarter GDP (gross domestic product) rose 0.5 percent versus a 0.7 percent rise in the second quarter. On the year GDP rose 2.3 percent versus a 2.1 percent year over year rise in the first second quarter. Trading is rangebound, some chatter about sellers near 1.2315 and buyers near 1.2175 is making the rounds.