Cable extended losses on Tuesday, falling to a three-week low as mounting fears over the global economic recovery weighed on risk sentiment. The pound edged higher on Thursday as risk sentiment was boosted after official data showed that U.S. initial jobless claims fell to a four-month low in the preceding week. Looking ahead to the coming week, U.S. data on consumer price inflation will be a major focus of attention, while the Bank of England is to publish the minutes of its most recent monetary policy committee meeting.