By Tim Stickings For Mailonline
Published: 23:13 GMT, 11 March 2019 | Updated: 00:23 GMT, 12 March 2019
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The British pound hit a 22-month peak against the euro tonight after Theresa May said she had secured 'legally binding changes' to her Brexit deal.
Sterling peaked at €1.17 in the moments after David Lidington announced the Brexit breakthrough in the House of Commons.
The rise took the pound to its highest level since the spring of 2017, before Mrs May lost her majority at the snap general election.
Investors will have to wait until Tuesday to see whether the changes to the Brexit deal are enough to take Mrs May's agreement over the line in the House of Commons.
The pound reached a two-year high against the euro (pictured) in the wake of Theresa May's announcement that she had secured 'legally binding changes' to her Brexit deal
The pound also spiked against the dollar after MPs were given the latest update, reaching $1.33 shortly after 10pm.
Prime Minister Theresa May said she 'passionately believed' in her Brexit deal and had now addressed the concerns raised by Parliament in January over the Northern Irish backstop.
She said she had ensured there would be 'no indefinite backstop' and any