Ryan Morrison
on April 24th, 2026 The pound’s tone has shifted quietly rather than dramatically this week, edging up against the euro to its strongest level in a month. The record monthly jump in UK business input prices in this week’s PMI has all but killed off lingering hopes of a Bank of England rate cut. UK retail sales for March, released this morning, give the next real-time read on how shoppers are coping with higher fuel costs.
GBP/USD: the past year
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