GBP/USD Trading Higher, Unemployment Improves

GBP/USD is trading at 1.3156, up 0.0052. The pair is trading near the session highs after showing some weakness early in the session. The U.K. Office for National Statistics reported that unemployment fell to 4.9 percent versus 5.0 percent in the previous period. Earnings excluding bonuses rose by 2.2 percent versus a year ago.