GBP/USD Little Higher, U.K. Construction Output Eases

GBP/USD is trading at 1.2607, up 0.0024. The pair is trading rangebound and just under the session highs. The U.K. Office for National Statistics reported that October year over year construction output in the U.K eased to a rise of 0.7 percent versus an upwardly revised 2.5 percent rise in September. On the month construction output fell 0.6 percent.