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By Prathamesh Mallya (Chief Analyst- Non-Agri Commodities & Currencies Angel Commodities Broking) Britain’s Prime Minister has played her cards quite well. She knew from the start that her ministry would have to face enumerable oppositions from other parties on Brexit negotiations. Hence to avoid any unnecessary hindrance, May’s government made an announcement of scheduling snap elections on 8th June’17. Post announcement, a lot of campaigning has been done where the contesting parties are being scrutinized on various issues. As per the recent opinion polls, the Labour party is in the lead although Prime Minister Theresa May's Conservatives maintained a commanding lead ahead of the elections where the latter is expected to define the terms of the country's EU exit. On the Brexit front, the EU negotiators have increased the divorce bill from €60 billion to €100billion after requests from a number of the EU’s member states. All the above factors iwc aquatimer replica will influence the price movements of Sterling Pound in coming days.
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