Quotes from RBC Capital Markets:
-GBP: In trade-weighted terms, GBP closed last week at another post-crisis high, up over 3% year-to-date and half of the losses sustained in 2007-08 have now unwound.
-The week ahead is thick with BoE speakers, including Carney and several other MPC members testifying to the Treasury Select Committee on the February Inflation Report tomorrow.
-We see a real danger that some express dissatisfaction at the implicit tightening of monetary policy that GBP has caused and that this causes a retracement of recent gains.