It is interesting to watch even more excitement pound than the euro, in the context of statements by the Chairman of Irish Central Bank, suggesting that the country will have access to a large loan from the EU, IMF. These figures are not official and is not responsible for them, nevertheless, the fact that so large an official says, as many can only guess is that means something. Support for sterling is due to significant credit and debt pressures of British banks in Ireland. If you rely on it, the growth of the pound is quite understandable. Meanwhile, retail sales data for October were up to standard with forecasts, although some revision yet touched the reduction of certain annual rates, oil and fuel prices have fallen from 0.5% to -0.1%. This caused a slight decline from the level at 1.60, although the increase against the euro was relatively stable.
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