The Pound preserved the bullish momentum and ended yet another day in green.
The Sterling keeps outperforming the market on the back of better-then-expected data.
Buoyed by positive economic data the British Pound outperformed most of its counterparts yesterday.
Despite the yesterday's data exceeding the expectations of the market, the British Pound ceded some of the ground, losing 1.48% against the Loonie and 0.79% against the Kiwi.
Friday's fundamentals failed to help the Pound to appear among the top performers.
The British Pound was among the top-performing currencies yesterday, gaining as much as 1.58% against the Swissie and 1.16% against the Australian Dollar.
Due to a lack of fundamentals the Pound was neither explicitly bullish nor bearish yesterday, rising 1.46% against the New Zealand Dollar and losing 0.67% against the Yen.
The Pound completely disregarded the negative inflow of data regarding the economic activity and appreciated versus all its major peer except for the Euro.
The Great Britain Pound was the most demanded currency in the market yesterday, it outperormed all its major counterparts.
The British Pound benefited from the positive fundamental data, appreciating as much as 1.3% against the Euro and Aussie.
The British Pound turned out to be the third worst performer on Thursday behind the Euro and the Franc.
Yesterday's news had offsetting effects on the British Pound, which remained unchanged relative to the US Dollar.
As it turned out, absence of news on Tuesday did not prevent appreciation of the Great British Pound.
The British Pound dragged behind its counterparts yesterday, losing 0.61% relative to the loonie and 0.57% relative to the Euro, though the changes in other crosses were rather insignificant, between -0.12 and -0.25%.
Though the Pound lost against the US Dollar (-0.22%), it managed to outperform the safe havens.
The Pound was among the worst performers yesterday, gaining only against the Euro (+1.02%).
Despite there being no explicitly positive news, the Sterling turned out to be the second best performing currency on Wednesday, losing merely 0.03% against the Yen and appeciation 0.73 and 0.68% against the kiwi and Aussie, respectively.
The British Pound turned out to be surprisingly resilient to the yesterday's events. The currency may have underperformed the Yen (-0.43%), but at the same time managed to gain relative to the kiwi (+0.51%) and relative to the Euro (+0.44%).
Despite absence of any explicitly favourable for the Sterling data yesterday, the currency fared well relative to its counterparts, advancing a whole percent against the loonie and 0.76% against the kiwi.
The Sterling was one of the top performers last Friday, gaining 0.75% against the loonied and 0.45% against the greenback on the back of the positive news on the UK production and trade.
In line with expectations the Bank of England kept monetary policy unchanged after its first meeting in 2015, amid cooling inflation, which fell to the lowest level in 12 years, and softer growth at the end of 2014 and going into 2015.
Because of a lack of data on the UK economy yesterday, the Britsh Pound did not exhibit strong momentum, balancing between the gains and losses relative to its major counterparts.
The data on the UK economy still do not give a good reason for the market to change its attitude towards the Sterling, which is being sold-off.
The British Pound underperformed most of its peers amid the continuing string of negative data, staying relatively unchanged only against the Euro and the Swiss Franc, as demand for the former was depressed as a result of disappointing German inflation figure.