Sterling strives to end the day higher

Sterling rose today as an attempt to end the session higher and pare the weekly losses, while the dollar wavered, giving the pound a chance to rebound.
 
GBP/USD last traded at 1.2212, up from the opening of 1.2165, with an intraday high at 1.2233, and a low at 1.2122.
 
Sterling's recovery comes after hitting its lowest level since October earlier in the week, nearing a 3-decade nadir that was hit following the Brexit referendum.
 
Concerns over Britain's exit from the European Union, pressured the pound this week, shrugging off the dollar's dip which would've normally boosted the royal currency.
 
Brexit worries resurfaced anew after Bank of England Governor Mark Carney's warning of the negative impact of Britain's exit on the financial stability in Britain and the Eurozone.