GBP/USD loses the grip to 1.4150 pound report
Spot recedes to the mid-1.4100s.
Flash UK Q4 GDP surprised to the upside.
The Sterling keeps trimming earlier gains and is now driving GBP/USD to test the area of 1.4160/50 against the backdrop of some recovery in the greenback.
GBP/USD gains stopped near 1.4350
After clinching fresh post-Brexit tops near 1.4350 on Thursday, Cable has given away part of those gains and is now trading in the mid-1.4100s.
The pair´s upside found extra oxygen after preliminary figures for UK GDP in the fourth quarter came in above expectations at 0.5% inter-quarter and 1.5% on an annualized basis. The data added to Tuesday´s strong gains following UK´s labour market report and somewhat confirmed the solid momentum around the British Pound.
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