The resilient Pound managed to hold its ground this week, according to Currency Index.

In fact, its value even improved against both the euro and the US Dollar. UK inflation and retail sales were down, but markets "seem to be more focussed on macroeconomic problems", reports CEO Robin Haynes, leading sterling to strengthen against the South African Rand as well.

The big changes this week include the revision to the UK GDP, which may either benefit investors looking to buy property abroad or bring exchange rates down. Otherwise, the New Zealand interest rate and Australian inflation rate decisions take place on Wednesday.

"If you are looking to send a transfer in either currency, check for any helpful movements on Wednesday morning," advises Haynes.