May 15 (Reuters) - Sterling fell to its lowest in more than three weeks against the dollar on Tuesday as it corrected some of its recent sharp gains against the euro following earlier better-than-expected German gross domestic product data.
Sterling fell 0.3 percent on the day to $1.6040, with traders saying stop loss sell orders were triggered on the break below $1.6050-60. More stops were expected below $1.6040, though bids were expected towards $1.6000, they said.
The falls came as the euro broke back above 80 pence , recovering from a 3-1/2 year low of 79.635 hit on Monday. (Reporting by Jessica Mortimer)
