Thu, 25 Apr 2013 05:32:03 GMT
Sterling advances on optimistic GDP forecast
The British Pound was higher by 0.4% to $1.5329 and 0.2% to 85.06 against Euro by the midday trading session in Tokyo on Thursday. The Sterling gained, as analysts said that the domestic economy will expand by 0.1% in the first quarter, following a -0.3% decrease in the preceding period. Such estimation eases expectations of additional monetary easing measures.