Published by Mark Smith-HalvorsenThe pound hit a two-and-a-half month high against the dollar in trading on Thursday (July 15th), but investors were still in search of a clear trend.In a thin trading session, forex brokers bought up the pound as stop-loss options were triggered, and the currency climbed as high as $1.5358 as the evening drew on.Speaking to Reuters, one London-based trader commented: "There is no real trend to speak of, but more people were willing to buy up the pound."The keener appetite for risk came after JPMorgan announced impressive earnings results for the second quarter, while the Fed's dovish statements earlier this week also affected trading as investors factored in the possibility of additional fiscal stimulus in the US.The pound has continued to climb this morning and is likely to trade in line once more with international developments, as the domestic forex calendar is relatively quiet again today.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site.