UK election scenario prompting signs of concerns in financial markets – Blueprint Capital

FXStreet (Barcelona) - According to the Blueprint Capital FX Team, the rising uncertainty on the UK election outcome is sprouting fresh concerns in the financial markets, with investors preparing for erratic volatility in GBP.

Key Quotes

“Uncertainty over the outcome of the general election has prompted signs of concern in financial markets, with investors buying up insurance against sharp swings in the value of the pound.”

“With less than a month to go and little separating the two main parties in the polls, the currency market is seeing a rise in volatility, suggesting investors are preparing for a period of elevated political uncertainty.”