The British pound remained nearly steady against both the dollar and euro on Friday, as a lack of significant news kept the currency stable at the onset of 2026.
Sterling last traded at $1.3447 versus the dollar, down slightly from its recent three-month high. With holiday trading quiet in Britain, full activity is expected to resume next week.
Sentiment surrounding the UK budget and Bank of England policies has guided recent currency direction. A recent survey indicated moderate growth in Britain’s manufacturing sector, with the services PMI set for release soon.
(With inputs from agencies.)
