According to Jinshi, LMAX Group market strategist Krugman said that the pound has digested the expectation of a possible rate cut by the Bank of England, and will be more likely to be driven by signals from the Federal Reserve in the future, which will keep the pound strong against the US dollar. Krugman believes that the yield differential equation should continue to favor the pound over the US dollar, which will support the pound in 2024. The currency market does not believe that the Bank of England will make its first comprehensive rate cut before August, which makes the market more focused on the unknown factors in the Fed's policy trajectory and the outlook for the US dollar, which should have a greater impact on the trend of the pound.