Core Viewpoint - The improvement in UK house price data is expected to support the UK economy, contributing to the relative strength of the British pound, particularly against the US dollar [1]. Group 1: Economic Indicators - According to Nationwide data, house prices increased by 3.5% compared to the previous year [1]. - The British pound (GBP) reached an intraday high of 1.3557 against the US dollar (GBP/USD), approaching the three-year high of 1.3593 from the previous week [1]. Group 2: Market Analysis - Chris Turner, a currency analyst at ING, noted that the decline in interest rates is a contributing factor to the positive outlook for house prices and the economy [1].