Speaking exclusively to Express.co.uk Michael Brown, Senior Market Analyst, Caxton FX said: “Sterling hit a fresh two-and-a-half year high against the common currency on Monday, above the €1.19 handle, as market participants continued to price in a Tory majority as the most likely outcome of Thursday’s general election.
“Today, attention will remain on political developments, particularly this evening’s MRP poll from YouGov, seen as a more reliable indicator of the election result than traditional polls.
“Should the model point to a Tory majority, sterling should remain well-supported.”
Louis Bridger, General Manager for ICE in the UK & Ireland, looked at what each election outcome might mean for the pound.
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