The Bank of England are widely expected to keep interest rates on hold at this week’s meeting.
A breakthrough was made on Brexit negotiations on Friday.
British Prime Minister Theresa May has agreed to honour the UK’s financial liabilities to the EU.
Back in June of last year, the pound was at $1.50 against the dollar as the first votes of the Brexit referendum trickled out.
With an un-unified government and a Prime Minister who lacks authority, Britain have embarked on a voyage to cut ties with their biggest trading partners: The European Union
Sterling slipped on Monday thanks to a group of Conservative members of parliament agreeing to sign a letter of non-confidence
Oil prices continued to rally on Tuesday as Iraqi forces move in on the oil-rich city of Kirkuk.