Sterling heads for fifth weekly decline in a row against dollar

Sterling rose in American trade versus the greenback following a spate of data from the US and Britain for the day. 

As of 06:20 GMT, GBP/USD rose 0.39% to 1.2731, with an intraday low at 1.2711, and a high at 1.2797. 

Earlier UK data showed the Halifax House Prince Index down 1.4% in November, reversing a 0.7% increase in October, and missing estimates of a 0.2% increase, as another gauge tracking consumer's inflation expectations rose to 3.2% in the third quarter from 3.0%. 

US Payrolls 

Earlier US data showed the unemployment rate steadied at 3.7% in November as expected, the lowest since 1969. 

US average earnings rose 0.2% in November, missing estimates of 0.3% and matching the pace of October. 

The US economy added 155 thousand new jobs in November, missing estimates of 198K, and compared to October's 237K increase, revised from 250K. 

Wholesale inventories rose 0.8% in October, above 0.4% in September and past estimates of a 0.7% increase. 

Finally, the University of Michigan released its consumer sentiment survey, which came at 97.5, same as November and beating estimates of 97.5.