FXstreet.com (Barcelona) - After finding support at 1.6260 in the European session, the GBP/USD has risen above 1.6300 in the last minutes after the Halifax home price data released. Currently the pair is trading around 1.6305/15, 0.60% below today's opening price action.

The Halifax House Price index has risen 1.2% between September and October, an lower increase than 1.5% posted in the previous month. Year over year, house price index is falling 4.7% in October from October 2008, better data than 7.4% declines posted in September.