FUNDAMENTAL ANALYSIS Te election result


threw a surprise as no political party acquired a majority with 326 seats


Te pound dropped nearly two percent aſter the exit poll on June 8th which predicted a Hung Parliament


still


FX


A minority Conser- vative government could


pursue


a softer version of Brexit


by Jarratt Davis


UK General Election Implications for the pound


The recent UK General Election produced yet another geopolitical shock. It’s one that has profound implications for Brexit negotiations - and for the strength of the pound. In this article, we will attempt to make sense of the election result.


FX TRADER MAGAZINE July - September 2017 9


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