GBP review

The past two weeks for sterling are on pace to be the currency's best against the dollar since it rebounded in the wake of the U.K.'s last election some five years earlier. 

The pound powered above $1.51 to fresh five-week highs, buoyed by election uncertainty proving less of a drag, a Bank of England view that inflation could accelerate from record lows, and by the sentiment shift into neutral for the greenback. 

The next two weeks are laden with big potential catalysts for sterling with first quarter growth due April 28 followed by Britain's big vote on May 7.