GBP/USD Trading Lower

GBP/USD is trading at 1.2167, down 0.0097. The pair is trading choppy as overseas forex traders wind down trading for the day. Market talk about headline news, global money flows and comments from U.K. policy makers is making the rounds. The National Institute of Economic and Social Research (NIESR) is scheduled to release U.K gross domestic product (GDP) estimates Thursday at 10:00 a.m. ET.