GBP/USD Trading Lower; U.K. Claimant Count Falls, Unemployment Steady

GBP/USD is trading at 1.2304, down 0.0105. The U.K. Office for National Statistics (ONS) reported the number of people claiming unemployment benefits (claimant count ) in the United Kingdom fell by 10,100 in December versus a 1,300 rise in November. The U.K. November unemployment rate was unchanged at 4.8 percent. November average earnings were up 2.8 percent including bonuses versus up 2.6 percent.