Sterling rose for a fourth day on Thursday after Britain's lower house of parliament approved legislation which may force Prime Minister Theresa May to seek a Brexit delay to prevent Britain from leaving the European Union without a deal on April 12.
While political developments this week indicated lawmakers are increasingly reluctant to go for a hard Brexit, the lack of clarity on an alternative plan has limited sterling's gains.
The pound rose for a fourth day, climbing 0.2 percent to $1.3192. Against the euro, it strengthened slightly to 85.28 pence.
Source : Reuters