Sterling has weakened further against the euro and the dollar this morning and could see its sharpest weekly decline against the euro in 7 months.
A weak pound is relatively unusual in the month of April as the positive seasonal effect of this time of year usually causes sterling to appreciate.
A model by University College London revealed that the UK could reach herd immunity by the start of next week, something that may help to strengthen sterling as society continues to return to normal.
Data releases showed that the UK construction sector outperformed market expectations in March. Business expectations are high, at levels not seen since June 2015, indicating growing confidence in economic recovery.
