The British Pound rose against the Euro and Dollar after UK retail sales easily beat expectations and the government recorded a rare financial surplus in January.
A strong set of employment figures took pressure off the Bank of England to cut interest rates next month, boosting the British Pound in the process.
According to an independent research house, the British Pound can extend the rebound currently underway.
The British Pound brushed aside threats by U.S. President Donald Trump to tariff countries for charging VAT and looks set to record another weekly gain against the Dollar and Euro.