• The otherwise weaker U.S. currency eked out a gain against sterling which continued to suffer from scaled back expectations for a U.K. interest rate hike. Uncertainty ahead of Britain's general election in early May served as another weight on the pound. 
  
  
• Sterling isn't far from last week's five-year low under $1.47, so an excellent market for GBP buyers to take cover. U.S. importers though want to manage their exposure carefully with crucial news this week on Britain's economy that could potentially take the pound lower. 
  
  
• U.K. inflation on Tuesday, forecast to plumb fresh record lows closer to zero, and retail sales on Thursday should serve as the next catalysts for the pound.