Cable builds gains on upcoming UK GDP data

Source: FXstreet
© ScanPix/AFP
The Sterling extended its gains versus the Greenback on Friday ahead of the UK GDP data. The official GDP estimate is projected to show the UK economy grew at a rate of 0.7% in the second quarter of 2015. The Cable added 0.16% to $1.5426 by 07:58 AM GMT. The US data session due today will also attract traders' attention, as the recent upbeat US GDP figures added to the US Dollar strength. 
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