GBP/USD Little Higher, UK Unemployment Steady

GBP/USD is trading at 1.2315, up 0.0016. The pair is trading is trading choppy and a little under the session highs. The U.K. Office for National Statistics ( ONS) reported the number of people claiming unemployment benefits (claimant count ) in the United Kingdom rose by 700 in September versus an upwardly revised 7,100 rise in August. The U.K. unemployment rate was unchanged at 4.9 percent in August. Average Earnings were up 2.3 percent year over year (including bonuses) versus up 2.4 percent in July.