Hi,
We are above 1.50s for GBP/USD and housing indexes in UK are getting healthier. According to an article, Pound a ‘Screaming Buy’ as U.K. Attracts Investment, at Bloomberg, pound will strengthen its ground for the coming months. Especially, it's clearley stated that pound's still undervalued against the dollar by %18, and 15% for euro, and the eurozone will be the lagging untill the recovery ends.