Essentially, the BoE has signalled negative interest rates are unlikely, early vaccination has increased optimism for a return to higher trading levels and the combination of Brexit costs and galloping debt means inflation is an inevitability resulting in likely increases to the base rate. Also the Thai economy is taking a real hit and the delay in vaccination programmes until end 21/22 means prospects are grim indeed. Hence th increase in £ values. I'm hoping for a real kick to food and oil prices and inflation hitting 3% by September.