According to Jinshi, Ipek Ozkardeskaya, senior analyst at Swissquote Bank, said in a report that the pound rose against the dollar after the weaker-than-expected U.S. employment data released last Friday. But if the Bank of England hints at a possible rate cut in June in its policy statement on Thursday, the pound is at risk of falling against the dollar. She pointed out that there are increasing rumors that the Bank of England may use this week's meeting to lay the foundation for a rate cut in June. Speculative pound positions have turned bearish in the past two weeks as investors expect the Bank of England to make a decision.