GBP/USD Little Changed, U.K. Borrowing Edges Down

GBP/USD is trading at 1.2365, down 0.0002. The pair is trading just under the session highs. The U.K. Office for National Statistics ( ONS) reported that U.K. public sector borrowing including bank declined to 12.2 billion Sterling in November versus 12.7 billion Sterling a year ago and 4.32 billion Sterling in October.