Market Overview

GBP/USD Trading Higher, House Prices Slip


GBP/USD is trading at 1.3156, up 0.0030.

The pair is trading rangebound after Thursday's steep decline. The overnight range is narrow.

Market chatter about various comments by policy makers has kept buyers and sellers active.

The U.K Halifax House Price Index fell 1 percent in July versus a downwardly revised 1.2 percent gain in June. Year over year house prices remained up 8.4 percent.


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Posted-In: british pound GBP/USDFutures Forex Markets