2014.06.2705:25:00UTC+00Pound Mixed Ahead Of U.K. Current Account, Q1 GDP Data

The Office for National Statistics is set to release the U.K. current account and final GDP data for the first quarter at 4:30 am ET Friday. The current account deficit is expected to narrow to GBP 17.1 billion in the first quarter from GBP 22.4 billion in the previous quarter. The sequential and the year-over-year growth for the first quarter is expected to be confirmed at 0.8 percent and 3.1 percent, respectively.?

Ahead of the data, the Pound showed mixed trading against major rivals. While the pound fell against the yen, it held steady against the U.S. dollar, the Swiss franc and the euro.

As of 4:25 am ET, the Pound was trading at 0.8000 against the Euro, 1.7024 against the U.S. dollar, 1.5203 against the Swiss franc and 172.65 against the Yen.