Sterling remains volatile ahead of U.K
general elections
May 06 2015
The Cable
rebounded to trade around $1.52, on Wednesday trading session, but the prices
are expected to remain volatile ahead of the UK
parliamentary elections which will be held on Thursday May 7 2015. And political
uncertainty will weigh on Sterling.
On the other
hand, today the U.K. Services
PMI rose to 8-month high toward 59.5 during the month of April, pushing the
Sterling to
recover slightly against the Dollar and the
Euro.
