Sterling steadies above 1.13 versus dollar for second session

Sterling titled higher for the third straight session against the dollar in American trade, following earlier data from Britain and the US, and as Federal Open Market Committee opens up its June 25-26 policy meeting in Washington. 

As of 04:49 GMT, GBP/USD rose 0.08% to 1.3038 from the opening of 1.3029, with an intraday high at 1.3084, and a low at 1.3008.

Earlier UK data showed CBI Industrial Order Expectations down to 10 from 16 in June, missing expectations of 12, while investors await Bank of England Chief Economist Andy Haldane's speech about the international monetary and financial system at the Finance Foundation Annual Lecture, in London.

Otherwise from the US, earlier data showed housing prices slowed down unexpectedly in May, while consumer confidence rose also unexpectedly in July, as the Richmond manufacturing index climbed beyond forecasts also this month. 

Similarly, markets look forward to the Federal Reserve's decisions, expected to maintain interest rates at their range of 1% and 1.25%, while looking for clues regarding the start data for trimming down the Fed's massive $4.5 trillion balance sheet, and the chances of a third rate hike this year.