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May’s snap UK election could be good for GBP investors — #SaxoStrats
The British PM is trying to strengthen her standing ahead of serious Brexit talks with the European Union. Saxo Bank’s chief economist Steen Jakobsen takes a closer look at the powerplay.
GBP rose to a two-and-a-half month high against USD when May announced a surprise election for June 8.
Speculation surrounding a UK general election has been rife ever since Article 50 was triggered by May's government on March 29 to begin the formal Brexit process for the UK to depart the EU.
01:21 minutes
Tags: gbp, pound, saxotrader, saxotradergo, steen jakobsen, theresa may, tradingfloor.com, uk election
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