The pound fluctuated not far from a six-month nadir on Friday shrugging off fresh figures showing UK manufacturing growth quickened in May for the first time in half year.
Impressive economic figures this week have failed to underpin sterling, which last was unchanged versus the dollar at $1.3303. It touched a six-month trough of $1.3205 on Tuesday.
Versus a broadly weaker euro the British currency rose 0.1 percent to 87.89 pence.
Sterling had been one of the strongest currencies in 2018 but it has lost momentum after a large surge in the dollar and signs of slowdown in the UK’s economy.
The main reason for pound’s drop has been a sharp shift in market forecasts for interest rate increases from the Bank of England because of sluggish economic data.