This is supportive of ETFs like the Betashares British Pound ETF (ASX:POU) and the Currency Shares British Pound Sterling Trust (FXB), and these trends look set to continue.

The British pound sterling (Currency:GBP) is looking strong today in Thursday afternoon trade in London. The pound to euro exchange rate is 0.18 pct higher at 1.1845.

The Pound Sterling Live - The Heart-Beat of the British Pound. The British pound sterling live on Thursday: GBP rallies against the US dollar as US data releases miss the mark · Email.

The pound dollar exchange rate has taken a battering in late play in London. GBP/USD is 0.64 pct down at 1.5170. "The US dollar pushed higher against the other major currencies on Friday, as strong U.S.

The British pound sterling (Currency:GBP) is mixed today - at present there is little by way of GBP-specific action for traders to focus on so the wider themes surrounding the Yen, Aussie dollar and US dollar are driving markets at present.

Please Note: The above are quotes from the inter-bank market. When passing on their retail rates banks will ADD their own discretionary spread, driving up the cost of currency.

The Pound could strengthen further later in the session as analysts await the Bank of England's quarterly report of economic analysis and inflation projections.

The British Pound has advanced against the majority of its peers after data showed that the nation's dominant services sector recorded its strongest rate of growth in April since last year's Olympic Games.

Sterling is mixed in late afternoon in London. There is a tangible degree of uncertainty as to where markets are heading this week.

"GBPUSD's trek higher since March has stalled below 1.5600 in the last week, and needs to break above that level in the near term to maintain bullish momentum.