The Sterling pound fell against the dollar fueled by the upbeat UK Q4 GDP data released in the early London market as the greenback remained largely weak. The GBP/USD currency pair also benefitted from the elevated investor risk appetite that drove riskier currencies and assets higher at the dollar’s expense. The GBP/USD currency pair rallied from a low of 1.3716 in the late Asian market to a high of 1.3811 in the American session and was trading near these highs at the time of writing. The currency pair’s initially fell driven by the weak market sentiment as investors waited for the UK data. The release of the upbeat UK Q4 GDP report triggered the pair’s rally. According to the Office for National Statistics, the country’s GDP grew 1.3% in Q1 compared to Q4, beating analysts’ estimates of 1% growth. The positive British total business investment data for Q4 also contributed to the pair’s rally. The upbeat UK Q4 current account balance also fueled the pound’s rally. The downbeat UK Nationwide housing prices index for March had a muted impact on the pair.