Will the Pound Rebound to Pre-Crisis Levels?

The pound posted today a positive performance versus the U.S. dollar bringing the British currency to the highest levels in more than 9 months, leaving speculations of an eventual rebound for the Great Britain currency.
A British construction index indicated today the slowest contraction in the sector in a 16 months period, which helped the pound to gain versus the greenback, reaching the highest level in 9 months, and versus the euro, topping at the strong rate in 30 days. The pound was one of the most affected major currencies since the global slump struck the world last year.
GBP/USD traded at 1.6939 as of 22:01 GMT from a previous rate yesterday of 1.6702.

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