GBP/USD Little Changed, U.K. House Prices Edge Up

GBP/USD is trading at 1.2368, down 0.0013. The pair is trading very choppy and near the highs of the overnight session and well off the lows of deep fast passed decline during the Asian session. The U.K Halifax House Price Index edged up 0.1 percent in September versus 0.3 percent decline in August. Year over year house prices slowed to rise of 5.8 percent versus a rise of 6.9 percent in August.