UK election: Scotland's first minister Nicola Sturgeon with her playbook

Author: Giles Coghlan | Category: News

Ready for a hung parliament 

This is the risk for the GBP - that there is a hung parliament.

 If there is a hung parliament then her party:
  •  the SNP, will seek to form a progressive alliance to lock conservatives out of Gov't
  • If the SNP wins the election in Scotland the question should be to London Parliament what gives you the right to stop independence vote. 
  • Will look to form alliances in Parliament to stop Brexit
  • would drive a hard bargain to give support to a party to form Gov't.
GBPUSD ticking below the 1.2800 handle on the headlines. But remember the option expiry around that level.
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