The pound soars against the euro and the dollar
EUR/GBP fell by 0.4% to 87.01 pence. This is the strongest level for the pound since March 22.
GBP/USD increased by 0.7% to 1.4094, touching 1.4105, the highest level for the week.
We recommend opening a short position on EUR/GBP, in anticipation of an interest rate rise on The Bank of England meeting in May.