[Analyst: Pound May Decline After Recent Rebound] According to a report by Jinse Finance on July 17, Matthew Ryan from Ebury stated that the pound might weaken after its recent rebound, which was driven by optimism surrounding Andy Burnham taking over as UK Prime Minister following Keir Starmer's resignation. 'We believe the pound's rebound is somewhat justified, but it increasingly looks like an example of "buy the rumor, sell the fact,"' Ryan said. He added that the UK's sluggish economic growth and uncertainty surrounding future fiscal policies could lead to a weaker pound. (Jin10)