London, March 23 (Bloomberg) -- The British pound rose from near a four-month low against the dollar, tracking the euro's gains against the U.S.currency. The pound rose to $1.4262 compared with $1.4209 yesterday, when ittouched $1.4182, its lowest since Nov. 30. The euro jumped to 89.25 U.S.cents from 88.71. Against the single currency, the pound was at 62.58pence from 62.44. ``The pound is rising because of the euro,'' said Shahab Jalinoos, currencystrategist for UBS Warburg. ``The two currencies trade very much in linethese days.'' The pound's direction has been determined by the euro in recent weeks,analysts said. Traders often buy and sell the euro and the pound in tandemagainst the dollar. This year, the pound has shed 4.4 percent against thedollar, compared with the euro's drop of 5.1 percent. ``Out of the U.S., U.K. and euro-zone economies, the U.K. and euro-zoneare the most similar,'' said Adam Cole, an economist at HSBC in London.That causes them to trade together against the dollar, he said. ``The U.K. and euro-zone are set for a soft landing, while we see an out-and-out recession in the U.S.,'' Cole said. He expects the pound to rise to$1.53 by the end of June. Better growth prospects in the U.K. compared with the U.S. may booststerling to $1.50 in the next two months, said Hugo Doyle, senioreconomist at Banca Commerciale Italiana. The U.K. will grow 2.1 percentthis year, compared with 1.6 percent in the U.S., he said. Recent reports showed U.K. retail sales rose twice as fast as expected inFebruary while unemployment in the U.K. fell below 1 million in Februaryfor the first time in 25 years. There were no economic reports scheduled for release in the U.K. or theU.S. today. Yesterday, sterling weakened as concerns about a global economicslowdown caused stock indexes worldwide to fall, prompting investors tobuy U.S. government bonds, a traditional place of refuge. That caused thedollar to rise against the pound, euro and yen, analysts said.