If the interest rate in the U.S. isi_$= 5percent for the next year and interest rate in the U.K. isi= 8percent for the next year, uncovered IRP suggests that

A) the pound is expected to depreciate against the dollar by about 3 percent.

B) the pound is expected to appreciate against the dollar by about 3 percent.

C) the dollar is expected to depreciate against the pound by about 3 percent.

D) exchange rate will remain unchanged.