UK Elections: GBP Waiting To Explode, But To Which Direction?

When PM Theresa May called the snap election, the pound rallied and the event was shrugged off. However, the campaign became quite tight and uncertainty is high. This uncertainty is also driven by opinion polls, which all go in very different directions. You cannot blame them for any kind of herding. With leads of between 1% to 11% for the Tories, a lot depends on the turnout. The pound could certainly move ahead of the results. How can we trade it?

Video preview for the elections, including the schedule:


Video length:00:07:53



Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk ...

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.