GBP/USD Little Higher, CBI Price Expectations Slow

GBP/USD is trading at 1.3051, up 0.0020. The pair is trading in the middle of the session range. Market chatter about global headline news, money flows and U.K. economic data is making the rounds. The Confederation of British Industry (CBI) order book balance survey was unchanged at minus 5 in September versus minus 5 in August. Industry output expectations for the next three months rose to 22 versus 11 in August. Price expectations slowed to 5 from 8. Market talk about U.S. economic data due out today is just starting to show up.