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The pound crept up to up to $1.5844 - its highest rate since August - before it was slightly reduced to $1.5825, Reuters reports.
According to the news provider, the US currency struggled after expectations were revealed that the American Federal Reserve could ease monetary policy further in order to boost the economy.
This rise came despite the slowest annual rise of UK housing data in seven months in September.
Elsa Lignos, currency strategist at RBC, said: "We've had a string of weak housing data ... it has lost its impact on the market because weakness in the housing market has already been priced in."
But on Friday it was feeble US housing data that played a part in the pound hitting a six-week high against the dollar, Reuters reported.
Posted by Greg Secker
