Pound rises against dollar on unexpected UK growth
Sterling headed for its biggest daily rise against the dollar since mid-August as data showed unexpected growth. Gross domestic product rose 0.1 percent in August, defying economist forecasts for a decline.
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GBP/USD rose 0.5% to $1.3253 on Thursday afternoon as the greenback fell and United Kingdom GDP unexpectedly grew 0.1% in August. The currency pair headed for its biggest daily gain since mid-August.
