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.
The Dollar will rebound if the Federal Reserve opts to stick with its guidance and cut interest rates by 25 basis points today, but strength will be shortlived according to one analysis.