The Pound was having a pretty good week last week until Brexit came back to haunt us - The EU stated that the Cheques Plan created by Theresa May will not work, and there will have to be amendments for a deal to be made.
Theresa May responded in a speech on Friday afternoon by saying that the UK will not be having a second referendum and that a no deal scenario is better than a bad deal, implying that she will not be changing her stance.