London, March 7 (Bloomberg) -- The British pound was little changed neara three-day low against the dollar amid expectations the U.K. budget willreinforce the view Bank of England interest rates won't be cut as much asthose in the U.S. in coming months. Sterling traded at 1.4648, from $1.4668 yesterday. Earlier it fell as low as$1.4631. The pound has weakened 1.9 percent against the dollar thisyear. Against the euro, it was at 63.75 pence, compared with 63.57. U.K. Chancellor of the Exchequer Gordon Brown starts presenting thebudget to Parliament at 3:30 p.m. He is expected to introduce a packageof tax cuts and spending increases that may boost growth and delayfuture rate cuts. ``There won't be anything in the budget that won't be sterling-friendly,'' saidKit Juckes, chief currency strategist at RBS Financial Markets. ``I cansee some controlled largesse coming this afternoon which will be friendlyfor the pound.'' He sees sterling rising to $1.50 in the ``next couple ofweeks.'' Analysts expect Brown to announce as much as 6 billion pounds ($8.7billion) of increased spending and tax cuts. By stimulating the economythrough tax cuts, significant interest rate reductions probably won't benecessary. That may buoy sterling, analysts said. ``The Bank of England may not be in such a rush after a supportive pre-election budget,'' said Valerie Plagnol, chief strategist for CIC CapitalMarkets in Paris.