GBP/USD Moves Down Ahead of Data

GBP/USD is trading at 1.2296, down 0.0053. The pair is trading choppy and just above the session lows as overseas forex traders wind down trading for the day. Chatter about comments from U.K. and European policy makers has kept buyers and sellers active. The U.K. Office for National Statistics (ONS) is scheduled to release GDP (gross domestic product) Friday at 4:30 a.m. ET.