Pound's Glory Days Are Over as Bets on Ever-Higher Rates Fade

(Bloomberg) -- The pound’s unexpected rally this year may have finally run out of steam as the Bank of England moves closer to wrapping up its tightening cycle.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamMallorca’s Prime Housing Market Gets Boost From American BuyersBerkshire Operating Earnings Jump on Insurance StrengthAnalysts a

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