India, Aug. 14 -- The British pound strengthened against most major currencies in the European session on Thursday, as the U.K. economy rebounded at a faster-than-expected pace in June.
Data from the Office for National Statistics showed that the U.K. gross domestic product grew 0.4 percent, following a fall of 0.1 percent in May. Output was forecast to grow 0.2 percent.
All three main sectors grew in June. Services output was the largest contributor to the growth in monthly GDP, increasing by 0.3 percent after a 0.1 percent rise in May.
Industrial production increased 0.7 percent, reversing a revised 1.3 percent fall. Within overall production, manufacturing gained 0.5 percent, partially offsetting May's 1.0 percent fall.
Construction ...