Forex - Dollar gains on upbeat U.S. personal spending data
Forex - GBP/USD gains on U.K. economic growth data
Forex - EUR/USD dips on solid personal spending

EUR/USD
EUR/USD was up 0.07% at 1.3751.The Commerce Department reported earlier Friday that U.S. personal spending rose 0.3% in February, in line with expectations, Personal spending in January was revised down to a 0.2% gain from a previously estimated 0.4% increase. separate report showed that the core U.S. personal consumption expenditures price index remained unchanged at 0.1% last month, in line with expectations. the revised Thomson Reuters/University of Michigan consumer sentiment index ticked up to 80.0 in March from 79.9 the previous month. Analysts had expected the index to rise to 80.5 this month.

GBP/USD
GBP/USD was trading at 1.6634, up 0.14%, up from a session low of 1.6599 and off a high of 1.6651.Cable was likely to find support at 1.6466, Monday's low, and resistance at 1.6597, Wednesday's high.The pound firmed against the dollar after data showed that U.K. gross domestic product rose by 0.7% in the fourth quarter, in line with xpectations.A separate report showed that the U.K. current account deficit narrowed to £22.4 billion in the fourth quarter, from £22.8 billion in third quarter, whose figure was revised down from a previously estimated deficit of £20.7 billion.Meanwhile in the U.S., the Commerce Department reported earlier that U.S. personal spending rose 0.3% in February, in line with expectations, Personal spending in January was revised down to a
0.2% gain from a previously estimated 0.4% increase

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