UK Pound Jumped on Election Outcome

• 05.08.2015, 15:36
•  Europe,  World

Shares led by banks and profit firms have raised sharply on the London stock market right after elections. The British pound jumped nearly 2 percent to $1.55 against the dollar. The reason of sterling’s jump is predicted results that the after the elections the government’s agenda will stay consistent, BBC reports.

According to analysts the jump of the UK currency will have short life, because there is a possibility of “Brexit” – Britain leaving the EU, this fact affects trading and instability of pound.