Mon, 19 Jan 2015 14:17:05 GMT
Pound advances against the Dollar with limited gains
On Monday the UK Pound gained versus the US Dollar, but with limited gains due to investors who are locking-in profits. GBP/USD hit a high of 1.5234, afterwards settling at 1.5177, having gained 0.18% in total. The Sterling experienced hard pressure last week amid UK consumer inflation rate weakening to 0.5%, while the Greenback received a support after the SNB