The British Pound should see its selloff against the Dollar pause, and it is unlikely to hit fresh highs against the Euro before year-end.
According to one of the UK's biggest banks, the British Pound will continue to benefit from superior interest rates in the coming months.
The UK economy is heading into recessionary territory after the UK's government's anti-business budget hits activity.
Pound Sterling jumped after the UK reported a broad-based inflation rise in October.