According to Jinshi, Deutsche Bank said that the British general election is unlikely to cause the pound to fluctuate as it did during the Truss government in 2022, and political factors have limited impact on the pound this year. "The situation should be calmer this year," added foreign exchange strategist Shreyas Gopal in the report. He said that a healthier British economy will buffer the market instability that occurred 18 months ago, the current account is in a "better position," and the Bank of England is no longer seen as a dovish exception among central banks, which provides some support for the pound. The bank expects the British government to announce a £15 billion fiscal easing plan this year on Wednesday, and expects that "any modest increase" in this amount will ultimately be good for the pound because it will push up UK gilt yields and delay the Bank of England's interest rate cuts.