The British Pound recovered slightly at the beginning of today trading session, however the GBP/USD remains trading near its lowest level in 4 months and a half against the U.S Dollar. In fact, the greenback rose significantly during the last week and was supported by the release of upbeat U.S economic growth data, in addition to Janet Yellen comments and expectations to hike the interest rates in next December. Today the investors’ main focus will turn to the Personnel spending data, the U.S pending home sales index and the speech of some FOMC members.