GBP/USD Little Higher, BRC Sales Rise

GBP/USD is trading at 1.2409, up 0.0011. The pair is trading nearly unchanged on the session after showing some gains early in the day. Market chatter about headline news and global money flows has kept buyers and sellers active. Overnight the British Retail Consortium (BRC) reported that U.K. like-for-like retail sales rose in 1.7 year over year percent during October. Total sales were up 2.4 percent.