The pound sterling sinks this Tuesday to its lowest level against the dollar since March 2020, with market operators pending the widening of the gap between the rate hike cycles that the Bank of England and the US Federal Reserve are projecting .

The British currency fell 0.6% to trade at $1.2064, pushing annual losses to almost 11%. The pound is coming under pressure from the dollar’s gains, after the latest inflation data in the US they have