The Pound to Dollar rate fell below a major long-term pivot level on Monday and could now face headwinds on any recovery above 1.2850 on Tuesday, including sales associated with Beijing’s management of GBP/CNY, and possible further sales of GBP/JPY and GBP/EUR from the FX desk at JPMorgan.

April 8,2025

Pound rallies as UK 'spared' with 10% tariff.

May 8,2025

A flat, non-discriminatory tariff would impact the UK.

April 2,2025

The near-term trajectory remains supportive, but significant headwinds build into the Autumn budget.

March 31,2025

The British Pound's post-inflation slide stemmed from significant U.S. tariff announcements.

March 27,2025

UK inflation figures for February were cooler than expected.

March 26,2025

Reeves won't do enough to stem the UK's balooning debt, warn economists ahead of the Spring Statement.

March 25,2025

Page 25 of 444

Theme: GKNEWS