The British Pound could rally today if a last-ditch deal is struck between the Conservative Party and Brexit Party aimed at ensuring the leave vote is not split in the upcoming General Election.
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The British Pound would rally the most under a Liberal Democrat outright majority say analysts at independent research house Capital Economics.
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The British Pound was bid higher on Tuesday following the release of a YouGov poll that showed the Conservative Party had extended its lead in their election polling series.
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The British Pound was seen relinquishing many of the previous day's gains following the release of data that confirms the UK's labour market continues to soften.
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The British Pound has moved notably higher in Monday trade after the Brexit Party announced they will not contest existing Conservative seats.
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The British Pound opens the new week close to recent levels against the Euro, U.S. Dollar and other major currencies, but some short-term volatility could be introduced into Sterling exchange rates…
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If the result of the next general election is a Conservative win with a majority the British Pound will rise substantially versus the U.S. Dollar, reaching as high as 1.35, maybe even 1.40, says Pe…
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