Poor data from the UK sent the pound sharply down

The US dollar rose against most of the major currencies, with its biggest gain against the British pound. In fact, the weakness of the pounds was ubiquitous, following worse than expected economic data coming from the country.
The pound fell by nearly 1% against the dollar to 1.4110 after disappointing economic data.
Inflation in the UK slowed down more than expected in March to 1.25% in the month, from 2.7% in February. This has led investors to think that we will hardly see a recent rise in interest rates on the part of the British Central Bank.
Also, the results have prompted a number of experts to expect a slowdown in economic activity in the country that is soon expected to come out of the EU.
Late yesterday, the British pound traded at $1.4377, a new peak after the referendum. Even though, despite its decline today, the British pound is still trading substantially up against the US dollar in the last 12 months. More precisely - 11% up.