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According to Reuters, the third quarter results were stronger than expected and meant sterling rose broadly against the dollar.
Forex traders witnessed the UK currency hit the day's high of $1.5870 and it had reached $1.5848 this morning, compared to $1.5780 before the data announcement.
The Office for National Statistics revealed that Britain's economy had increased by 0.8 per cent between July and September, more than previous predictions of a 0.4 per cent hike.
But the news provider noted that the FTSE 100 was not too affected by the information revelation after it fell 0.7 per cent at 5,713.75.
There was a decrease for Bund futures FGBLZ0 before the economic data was released as it fell 56 ticks lower at 129.28 on the day and the least in a month.
Posted by Chris Weaver
