Pound Hits $1.35 on Weaker DollarUS Dollar/Japanese YenFX:USDJPYChartMageThe pound climbed to $1.35, supported by a weaker dollar and cautious positioning ahead of the August 1 U.S. tariff deadline. Investors expect UK economic data to show improving momentum, while the Bank of England may scale back bond sales due to weak demand. Despite the optimism, markets still price in two BoE rate cuts in 2025. Resistance stands at 1.3550, with support at 1.3380.