Feb 13 (Reuters) - Sterling jumped on Thursday after data showed the British economy unexpectedly grew in the final quarter of last year, offering some respite from an otherwise downbeat economic outlook.
The pound rose 0.57% to $1.25155 GBP=D3 against the dollar, to its highest in over a week.
Britain's economy grew by 0.1% in the fourth quarter, figures from the Office for National Statistics showed.
Economists polled by Reuters had forecast that British gross domestic product would shrink by 0.1% in the period.
Graphic: World FX rates in 2023 http://tmsnrt.rs/2egbfVh
Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv
(Reporting by Greta Rosen Fondahn; Editing by Amanda Cooper)
((Greta.RosenFondahn@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.