functionality doesn't make sense

This keyboard only predicts >next< word and doesn't give options for current word. Predicting >next< word is useless if current word is incorrect. Also, when it incorrectly predicts current word I can't just backspace to clear the word. I have to backspace to clear each letter of incorrectly predicted word.

Is this really how it's supposed to work or am I missing something? Word Flow was awesome, but I got a new phone.