GBP/USD Little Higher, U.K. Trade Deficit Expands

GBP/USD is trading at 1.2437, up 0.0054. The pair is trading in the middle of the session range. Market chatter about global headline news, money flows and the results of the U.S. election has kept buyers and sellers active is a moderately wide range. The U.K. Office for National Statistics (ONS) reported the U.K. trade deficit widened by 1.4 billion Sterling to 5.2 billion Sterling during September, exports slipped 0.4 percent and imports rose 2.5 percent.