LONDON, Dec 5 Reuters The British pound rose for a third consecutive session on Thursday as it continued to recover from a sixmonth trough hit in late November.

Sterling climbed 0.15 on Thursday to 1.2721 , up from a recent low of 1.2475 on Nov. 22.

The euro was flat versus sterling at 82.78 pence , around its lowest in more than two years as political stress in France and a weak euro zone economy take their toll.

Sterling has been at the mercy of the dollar in recent months, dropping from a 112year high in October as the U.S. jobs market roared ahead and falling further in November as the reelection of Donald Trump boosted the American currency.

Yet it has found a footing over the last week as the dollar has lost steam.

Bank of England data on Thursday showed British employers39; expectations for wage growth have cooled a bit further. Separate figures showed activity in Britain39;s construction industry picked up in November, though neither release impacted sterling.

The pound has largely remained out of the limelight as the reelection of Trump as has led to swings in currencies whose economies might face tariffs, such as the euro, Chinese yuan, Mexican peso and Canadian dollar.

On Thursday, investor attention was also on bitcoin , which rose past 100,000 for the first time on record.

Britain39;s economy has largely escaped Trump39;s ire, sparing the pound some volatility. Its economy is dominated by services, which do not face tariffs, and recorded a small trade…