GBP/USD Trading Lower, U.K. House Prices Edge Up

GBP/USD is trading at 1.2598, down 0.0071. The pair is trading choppy and just above the session lows. The U.K Halifax House Price Index rose 0.2 percent in November versus a 1.5 percent gain in October. Year over year U.K. house prices were up 6 percent versus the 5.2 reading in October.