Pound Alert: Is a general election imminent?

Pound Sterling has enjoyed a mini-recovery in the last few sessions.

Hopes that something will happen to stop a no-deal Brexit has sent GBP up.

But the currency will come back down if it's realised those hopes are unfounded.

It’s been widely reported that Labour is plotting a vote of no-confidence to bring down Johnson's government.

The question is what will happen first: a general election or Brexit?

We note bookmakers believe the chances are far higher for a general election!

That’s an interesting development.

If an election is in fact imminent then Pound Sterling is in for some volatile times in the weeks and months ahead.

If you have a currency requirement then it’s important to stay alert to risks and opportunities.