Despite explosive gains for the Pound-Dollar rate, the trade weighted Sterling remains flat and manufacturing order books are still healthy. Economists say Britain's industrial boom can continue.
A positive rise in exports compared to imports helped push Sterling higher on Friday morning and enabled it to shrug off exceptionally poor Manufacturing data.
The GBP is moving higher at the start of a new week, but there remains a huge distance to travel before the losses triggered by the EU referendum are erased.
The ONS recently released trade figures for the month of June, showing a widened trade deficit, meaning the difference between imports and exports widened by around £900m since May 2016.