GBP review: Western Union

Quotes from Western Union:

- Sterling held near its loftiest levels in eight weeks against the greenback though it drifted a little lower after U.K. data confirmed the slowest growth in a year during the fourth quarter. British growth went an unrevised 0.5 percent in October-December. 

- Sterling has found itself on the right side of market volatility this month, having reclaimed the $1.55s after a dip below $1.50 last month. 

- Pound sentiment has brightened in the wake of generally solid news on Europe's No. 3 economy of late that's caused some to nudge forward expectations for higher U.K. interest rates.