Sterling consolidates week's gains as UK data improves

* Sterling steady; TWI eyes biggest weekly gain since June * Pound on track for biggest weekly gain vs euro in 9 months * Brighter UK data eclipses GDP shock from a week ago

By Jamie McGeever

LONDON, Oct 30 (Reuters) - Sterling was steady against the dollar and euro on Friday, generally consolidating its recovery this week after data showed another rise in UK house prices this month and improving consumer confidence.

The pound's rebound from a steep decline triggered by the surprise fall in third-quarter UK output announced a week ago has been strong. It is on track for its biggest weekly rise against the euro in nine months.

Figures from the Nationwide Building Society on Friday showed that British house prices rose for a sixth month running in October to register their first annual gain since early 2008.

And consumer confidence rose in October to its highest since January 2008, after improvements in households' financial situation and view of the past 12 months, a monthly survey by GfK NOP showed. [ECONGB]

The pound's bounce this week, also underpinned by solid U.S. growth figures on Thursday, has lifted trade-weighted sterling to its highest in six weeks, as sentiment toward currencies more closely correlated with global growth and rising asset markets has recovered.

But given the extent of the pound's rebound this week and lack of any major UK economic data or event on Friday, some analysts say the pound may give back some of those gains as attention turns to the Bank of England's policy meeting next week.