By Rob Bastin

The pound has continued its poor run of late with some heavy losses aginst the USD by lunchtime. GBP/USD exchange rates are down by 1% from the morning session, despite a 0.5% recovery from the low of the day. Many analysts have expressed concerns over the value of Sterling as the year comes to an end, with many predicting a continued slide into December. The Canadian dollar is one of the only currencies the pound has gained against this morning with an improvement of 0.45%.