The British Pound can continue to advance against the Dollar in the coming weeks, but the next few days could see some consolidation around current levels.
Analysts are tipping Pound Sterling to extend its run of outperformance after the Bank of England signalled it would maintain a restrained approach to interest rate cuts.
The British Pound was bid on Friday morning after UK retail sales beat expectations.
Pound Sterling rose against the Dollar and Euro after the Federal Reserve cut interest rates by 50 basis points.