Pound little changed before BoE report

The British Sterling snapped a four-day decrease against the U.S. Dollar before the Bank of England released its quarterly report tracking the level of inflation in the country and as unemployment report is forecast to show a decline in March-April period. The Pound was traded at $1.5211 at 7:44 a.m. in London falling to $1.5207 yesterday, the lowest level since April 23.