GBP/USD Trading Lower, U.K. Trade Deficit Expands

GBP/USD is trading at 1.2140, down 0.0028. Market talk about recent comments from Bank of England members and U.S. policy makers has kept both buyers and sellers active. The U.K. Office for National Statistics reported the trade deficit in the U.K. expanded to 4.2 billion Sterling in November from 1.5 billion Sterling deficit in October.