Sterling held steady near highs on Thursday before a monetary policy announcement later in the day, when the Bank of England looks almost certain to keep interest rates unchanged after raising them last month.
In early London trading, the British currency traded at $1.3045, below a more than one-month high of $1.3087 hit earlier in the week. Against the euro, sterling was flat at 89.09 pence.
Economists polled by Reuters all expect the BoE's Monetary Policy Committee (MPC) to vote 9-0 to leave interest rates at 0.75 percent. Most do not predict a further rate rise until after Britain leaves the European Union in March 2019.
Source : Reuters