British Pound is holding near three-month high against the US dollar. UK equities have been stable with the FTSE100 index consolidating around six-week high and rising near 20% this year. GBP/USD pair is quoting at 1.3524, up 0.21% on the day. The pair is up 1% this week. British consumer confidence edged higher in December, reaching its joint-highest level of the year, though sentiment remains weak by historical standards, according to a closely watched monthly survey from GfK. The GfK consumer confidence index rose to -17 in December, matching levels last seen in October and August.

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