The figure matched economists' expectation.
Preliminary data from the
GDP grew 3.1% from the same quarter a year ago, also in line with forecast.
The production side breakdown of GDP showed 1% quarter-on-quarter increase in services and 0.4% expansion in production. Meanwhile, construction fell 0.5% and agriculture dropped 0.2%.
Another report from ONS showed that services output advanced 3.3% year-on-year in May. On a monthly basis, services output climbed 0.3%, it said.
The pound rose to a 2-day high of 173.15 against the yen, from an early low of 172.78. At yesterday's close, the pound was trading at 172.91 against the yen. On the upside, 173.54 is seen as next resistance level for the pound.
Data from the
Moving away from an early low of 0.7933 against the euro, the pound advanced to 0.7912. The pair was quoted at 0.7924 at yesterday's close. The next possible upside target for the pound lies around the 0.798 level.
Data from the
Against the Swiss franc, the pound edged up to 1.5359 from an early low of 1.5316. The pair was quoted at 1.5327 at yesterday's close. Continuation of bullish trend may lead the pound to a resistance around the 1.54 mark.
The pound recovered to 1.6991 against the US dollar, from an early low of 1.6966. The pair was quoted at 1.6985 at yesterday's close. If the pound extends gain, it may find resistance at the 1.70 level.
Looking ahead, US durable goods orders for June are due to be released in the
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