# Pound Sterling outperforms as traders pare BoE dovish bets - The Pound Hub

> The pound reached a three-year high near 1.3600 against the dollar on May 26 as traders pared bets on Bank of England cuts after hotter UK inflation and strong April retail sales. Markets now price roughly one 25bp cut by year-end. Trump also threatened 25% duties on Apple.

- Date: 2025-05-26 · published 2025-05-26T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/24934-pound-sterling-outperforms-as-traders-pare-boe-dovish-bets-the-pound-hub
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Fewer expected BoE cuts strengthen sterling against the dollar, which lowers the sterling cost of dollar-priced feed inputs for UK buyers.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- thepoundhub.com: https://thepoundhub.com/british-pound/pound-sterling-outperforms-as-traders-pare-boe-dovish-bets/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.