GBP/USD Little Higher, UK Consumer Confidence Improves

GBP/USD is trading at 1.2971, up 0.0007. The pair is trading rangebound after Thursdays choppy session. GfK reported that consumer confidence in the U.K rose to minus 1 in September from minus 7 in August. The survey found expectations for the general economic situation in the UK over the next 12 months improved to minus 9 from minus 22 in August. The U.K. Office for National Statistics (ONS) is scheduled to release final second quarter gross domestic product (GDP) at 4:30 a.m. ET.