Analysts at TD Securities highlight that the inherent unpredictability of UK politics will keep markets from fully embracing a solid Tory majority before the vote, but a lack of surprises would see confidence grow that Johnson would return as PM. Key quotes “Unless something changes abruptly over the next several weeks, this improved outlook provides a crucial underpinning for sentiment in rates and FX markets. That, in our view, suggests GBP should trade with a fairly solid ‘floor’ under it into election day – at least in most of the scenarios that we outline below.” “As a result, we expect cable to remain largely rangebound ahead of the vote. Within the larger 1.2705/1.3185 range, we think the 1.2770/1.3015 interval should form its core.” “We think that the rates market is less likely than FX markets to read much into these small poll deviations at this stage. GBP rates seem biased towards a Conservative win at these elections.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Wall Street stretches higher, attention remains on Trump speech FX Street 3 years Analysts at TD Securities highlight that the inherent unpredictability of UK politics will keep markets from fully embracing a solid Tory majority before the vote, but a lack of surprises would see confidence grow that Johnson would return as PM. Key quotes "Unless something changes abruptly over the next several weeks, this improved outlook provides a crucial underpinning for sentiment in rates and FX markets. That, in our view, suggests GBP should trade with a fairly solid 'floor' under it into election day - at least in most of the scenarios that we outline below." "As a result, we expect… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
