GBP/USD Trading Lower, U.K. House Price Gains Ease

GBP/USD is trading at 1.2190, down 0.0047. The U.K Halifax House Price Index rose 0.1 percent in February versus a 0.9 percent fall in January. Year over year U.K. house price gains eased to a rise of 5.1 percent during February versus a year over year rise of 5.7 percent in January.