The pound has continued to make gains.
On Thursday it shot higher after it appeared that the Bank of England was shifting in favour of an increase in interest rates.
The pound powered above $1.32 yesterday and has broken through $1.33 today.
Some analysts think the gains could be limited though. Here's a comment from Derek Halpenny at MUFG.
"Even after yesterday’s appreciation, GBP/USD remains 7.5% lower than the peak set in April and we continue to expect a period of consolidation at these levels with scope for some modest appreciation if the data is viewed as consistent with a rate hike in August."