By Rob Bastin

A week dollar in early session has allowed for the struggling pound to regain 0.75% against the US Dollar by 1pm on Monday. The pound had dropped 3 cents from last Wednesday against the greenback. Today offers no data for the UK, however Retail Sales figures for Canada are released at 1:30pm.  GBP/CAD exchange rates have already dropped by 0.5% this morning, any better than expected results foir this data could see the pound lose even further ground.