GBP/USD Trading Higher, CBI UK Industrial Trend Survey Improves

GBP/USD is trading at 1.2575, up 0.0045. The Confederation of British Industry (CBI) order book balance survey rose to 5 in January from 0 in December. Industry output expectations for the next three months rose to 28 from 26. Price expectations rose to 28 from 26. Export orders improved to negative 9 from negative 15.