Olivia Spencer is a fictional character on the popular CBS daytime soap opera, Guiding Light.

A native of the fictional island of San Cristobel, Olivia is the middle child of the late Gregory and Rebecca Spencer.

Olivia received Gus Aitoro's (Ricky Paull Goldin) heart to survive when he was killed on April 1, 2008.

When Olivia recovered, the two decided to remain roommates due to their extremely close friendship and for Emma's stability.

In early 2009, the nature of their relationship was thrown into doubt when Emma made a school presentation discussing her "two mommies."

Natalia decides to accept Frank Cooper Jr. marriage proposal which forces Olivia to help plan a wedding she doesn't want to happen.

Olivia is left heartbroken and she feels unloved; she and Joshua Lewis (Robert Newman) were close to having sex three times while Natalia was away.

Finally, Olivia realized she loved Natalia too much to be mad at her, so she decided to give into her and Emma and her move back into the farmhouse while Rafe is enrolled in the army.

In the final years of Guiding Light, Olivia became involved in a lesbian relationship with her housemate and best friend Natalia.