By Alex Ellis

Since the early morning sterling has rallied against the two most major currencies, the Euro and the Dollar. This spike so far has meant that Sterling is at a three month high against the US Dollar and a six week high against the Euro. This is after strong European investors joined the market; on the back of the G20 and the US jobless data.

Spikes such as these are often short lived, so in order to take advantage of these extraordinary exchange rates, you must ensure you keep in contact with your currency broker.