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Pound pushes to 2019 highs

It’s going to be a big week for the Pound.

Ahead of Thursday’s election, the polls show the Conservatives are way out in front.

While a Conservative majority will be seen as good news for the Pound, a lot of the move will be already priced in.

Any other result would be expected to trigger a large fall in the Pound.

One of the buzzwords of this election has been ‘clarity’.

However, we view the election as the start, not the end, of the Brexit journey.

It will become evident over the coming weeks and months that there’s a lot still to be done before we have any real clarity.

For those with a currency requirement, consider whether you wish to protect your money against unpredictable exchange rate movements.