Sterling higher amid UK economic growth

Source: WBP Online
© Scanpix/Reuters
The Pound jumped after the British economy grew in line with economist expectations. The UK's Gross Domestic Product rose by 0.7% in Q2, while it grew year-over-year slightly below the market expectations at 2.6%. The main driver behind growth was the service sector, which makes up 78% of the total economic output. The Pound rose 0.35% to 1.4075 against the Euro by 8:55 AM GMT. 

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