GBP/USD Little Changed, U.K. Construction orders Flat

GBP/USD is trading at 1.2158, up 0.0005. The U.K. Office for National Statistics reported that year over year construction orders were flat during the fourth quarter versus a rise of 5.5 percent in the third quarter. Year over year construction output rose 2 percent in January versus a 2.6 percent rise in December.