GBP/USD Trading Lower, U.K. Manufacturing Production Slips

GBP/USD is trading at 1.2595, down 0.0073. The U.K. Office for National Statistics reported that year over year U.K. manufacturing production fell 0.4 percent in October versus a 0.1 percent rise in September. On the month U.K. manufacturing production fell 0.9 percent versus a 0.6 percent rise in September. It was the first decline since March.