Pound Rises 0.3% to 1.3263 Against Dollar, Highest Since Oct. 1

Sterling's push to a multi-week high matters less for the headline figure than for what it says about positioning: the move is described as a continuation, not a one-off spike, which suggests the bid has been building rather than reacting to a single catalyst. For crypto and RWA desks, a firmer pound is a reminder that dollar direction, not token-specific news, often sets the tone across risk assets. Whether sterling holds these gains once the current momentum fades is the open question.