Sterling gained against the dollar as equities moved ahead and data showed UK house prices rose for the first time since late 2007.
G20 optimism washed over the markets as news of a $1trn stimulus package left them bathed in a sea of blue.
UK house prices increased for the first time since October 2007 last month as house purchase activity leapt to its highest since May last year, according to the Nationwide Building Society.
The average cost of a home rose by 0.9% in March to £150,946, leaving the annual decline at 15.7%. Prices fell 1.9% in February and 17.6% over the year.
The euro was only slightly lower after the European Central Bank (ECB) slashed interest rates to an all time low of 1.25%, surprising analysts who had expected an even larger 50 basis point cut.
