Sterling on track for fourth weekly loss in a row

Sterling wavered on Friday but remained on track for the fourth weekly loss in a row despite dollar's tumble today.
 
GBP/USD last traded at 1.2155, compared to the opening of 1.2153, with a session-high at 1.2185, and a low at 1.2135.
 
Sterling kept wavering today despite dollar's weak performance against a basket of currencies, as negative pressures keep a lid on the pound.
 
Earlier U.S. jobs data showed a surge in the number of new jobs created last month, bolstering the case for a Fed Reserve rate hike next week.
 
The pound on the other hand faces concerns about Scotland's independence desires, while aftershock of Britain's vote to exit the European Union still carries on.