Ryan Morrison
on April 7th, 2026 The pound is struggling against a strong dollar, weighed down by safe-haven flows into the US currency. Domestically, the combination of higher employer costs from the new tax year and an economy that is barely growing leaves sterling vulnerable. The Bank of England meets on 30 April – if inflation keeps rising while growth stalls, the bank faces a very difficult decision about what to do with interest rates.
GBP/USD past year
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