Pound Sterling Price News and Forecast: GBP/USD rises towards 1.3300 as UK economy grows above forecasts

  • The Pound Sterling extended its gains against the US Dollar, driven by a positive reading of economic growth in the UK and softer-than-expected data in the US, which fueled speculation of a slower economic outlook. At the time of writing, the GBP/USD trades at 1.3293, up 0.31%.