Sterling rises above 2-year lows

London 12 -8-2019 SPA
The British pound made gains during the morning session, compensating for the weekend losses that exceeded a two-year low against the US dollar.
The pound traded in London’s financial markets today at 1.2079 against the greenback, compared with 1.2015 on Sunday evening.
The pound fell on Friday after data showed an unexpected contraction in the British economy during the second quarter of this year.