And the currency could even push past $1.40 soon, experts are predicting.
The pound has been a key gainer against the dollar this month as the aggressive rollout of the COVID-19 vaccination programme in the United Kingdom raised hopes that the UK economy will be able to recover more swiftly than some countries within the EU.
Britain s Brexit deal with the European Union has also removed significant pressure on sterling.
Chris Skidmore says the space sector must not be forgotten (Image: GETTY)
Brexit offers Britain a golden opportunity to forge an enduring, mutually beneficial partnership with India, International Trade Secretary Liz Truss has said.