Pound makes strong gains against Dollar

The pound has strengthened sharply against the US Dollar in early trading this morning, bouncing back from last week’s losses.

Earlier today the pound was more than two cents higher against the dollar at $1.4595 and at one point was trading as high as $1.4621, last week the amount was lower.

This weeks is likely to see some big moves against all currencies, both up and down with the vote to stay in the European Union on Thursday.