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Forex traders stayed away from the US currency as the pound stood at $1.5930, near to the day's high of $1.5937, Reuters reports.
Sterling was boosted by news individuals claiming unemployment benefit reduced by 3,700 in October, which came after there were expectations in place of a 5,000-person rise.
Alan Clarke, economist at BNP Paribas, said: "A fairly positive tone on the labour report - unemployment had been on a deteriorating trend on the claimant count and that fell back last month, so that's slightly better-than-expected news."
This added to the pound's rise earlier this morning due to the Bank of England's minutes revealing there was a three-way split at the Monetary Policy Committee meeting.
The news provider noted seven members were keen to keep the interest rate at 0.5 per cent.
Posted by Chris Weaver
