Sterling hits 11-week high

The Pound has surged to an 11-week high against the US Dollar.

Against the Euro, the Pound is at the highest level in 3 weeks.

Plans to ease coronavirus lockdowns in the UK and signs the economy may bounce back due to pent-up demand have lifted GBP.

However, analysts warned that Brexit remains a risk for the Pound over the summer months.

Talks between the UK and EU have made little progress. A deal looks miles off.

Now could be a great opportunity for those needing to buy US Dollars or Euros with their Pounds.