Core Viewpoint - The weakening of the US dollar has boosted the British pound, reaching its highest level since October 2021, but risks related to the UK's public finances are emerging [1] Group 1: Currency Performance - The GBP/USD exchange rate has risen due to uncertainties surrounding US policies, putting pressure on the dollar [1] - The British pound has reached its highest level since October 2021 [1] Group 2: UK Fiscal Challenges - The UK government is facing public finance difficulties, which may lead to a decline in the pound [1] - The Labour Party's proposal for welfare reforms to save costs has faced strong opposition from backbench MPs, with dozens expected to vote against the reforms [1] - Analysts indicate that without finding future cost-saving measures, tax increases or borrowing will be necessary in the autumn budget, both of which could put pressure on the pound [1]