Sterling hits two-week high versus dollar

Sterling rose against the dollar away from March 19 lows for the third consecutive session, following earlier data from Britain, and amid a lack thereof from the US, the world's largest economy. 

As of 04:18 GMT, GBP/USD rose 0.25% to 1.4127 from the opening of 1.4100, with an intraday low at 1.4077, and a March 28 high at 1.4164. 

Earlier UK data showed the Halifax House Price Index accelerated to 1.5% from 0.5%, which was revised from 0.4% in February, while analysts expected a 0.1% growth rate.

On a yearly basis, the Halifax index accelerated to 2.7% in the three months ending March from 1.8%, beating forecasts of 2%.