The U.S. dollar surged for third consecutive day to its highest level in more than two months at 96.86, following better than expected U.S. economic growth data, but the economy slowed in the third quarter of 2018.
GDP rose by 3.5% in the third quarter of 2018, after rising by 4.2% in the second quarter of the same year, while expectations were for a rise of 3.3%.
The Sterling is still trading near its 7-week lows against the U.S. Dollar and its lowest level in 3 weeks against the Euro amid uncertainty about that UK's ability to make Brexit deal.
Markets await next week's BoE meeting, which is widely expected to leave interest rates unchanged, although there is some evidence of rising wages and price pressures, but it will keep its policy unchanged until the vision emerges for Brexit.
