Pound rises above $1.22 as Office for National Statistics shows inflation hits highest level since November 2014.
British currency alternating between gains and losses after hawkish notes from US Federal Reserve.
Analysts say Brexit talks are likely to clobber both euro and sterling, as the dollar strengthens on US interest rate hike expectations.
Rising US interest rate hike expectations and the absence of major UK economic data meant the British currency hit yet another 31-year low.
Absence of concrete economic data means the British currency began yet another trading session in negative territory.
British currency saw another day of sharp declines against the dollar and other major currencies.
British currency saw another day of sharp declines before calm prevailed in European trading.
UK's service sector growth cooled in September, but stayed on positive turf boosting the economy.
Pound loses ground against major currency crosses after Prime Minister Theresa May announces Brexit talks will formally begin by March.
British currency claws back some of the ground lost against major currency crosses.
British currency slides against major crosses after Bank of England says mortgage market showing signs of cooling.
Boris Johnson's comments about the UK starting formal Brexit negotiations next year continue to hound sterling.
Foreign secretary says he expects Britain to formally begin negotiations to leave European Union by early next year.
Fed chairwoman Janet Yellen said on Wednesday she expects another rate hike before the end of the year.
Pound edges higher against euro and dollar after hitting a five-week low against the greenback.
Dollar slides against the yen as investors remain jittery ahead of Federal Reserve and Bank of Japan's meetings.
Dollar slides as investors grow confident the Federal Reserve will not hike interest rates.
Dollar gains ground against the euro but uncertainty surrounding Federal Reserve meeting lingers on.
Markets are now pricing in an extraordinarily slow pace of rate hikes by the US Fed – from their current 0.25-0.5% range, to about 0.75% by the end of 2017.
Economists Roger Bootle and John Mills say imports exceeding exports amid a costly sterling is a leading cause of the UK's large current account deficit.
Bank of England votes 9-0 to keep rates unchanged and expects UK economy to slow down less than forecast.
Dollar gains steadily against the yen as US investors sit tight ahead of Federal Reserve meeting next week.
Dollar's rally stalls after dovish comment from Fed Governor Lael Brainard, before recovering ground.
Dollar trades mixed amid increasing fears the Fed will hike interest rates this month.
Dollar gains sharply against the yen after Richmond Fed President makes strong case for September rate hike.
Pound tumbles 0.8% against the euro as Mario Draghi unveils plans to extend quantitative easing programme.
Euro slides against the dollar ahead of highly-anticipated European Central Bank's meeting on Thursday.
Australian dollar gains against its major peers after RBA opts to keep rates unchanged at 1.5%.
Dollar slides against the yen as investors continue to analyse Friday's underwhelming job report.
Sterling remains on track to clinch weekly gains as business confidence increases.