{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/investors-predict-that-uk-politics-will-keep-the-pound-weak\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/investors-predict-that-uk-politics-will-keep-the-pound-weak\/","headline":"Investors Predict That UK Politics Will Keep the Pound Weak","name":"Investors Predict That UK Politics Will Keep the Pound Weak","description":"Investors predict that the pound sterling will remain weak as the campaign for the Conservative party’s leadership emphasizes the difficulties affecting the nation. They have since scaled down on large wagers against the pound last week.According to the most recent statistics from the US Commodity Futures Trading Commission, investors’ net short positions in sterling modestly […]","datePublished":"2022-07-27","dateModified":"2022-07-27","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2022\/07\/uk.jpg","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2022\/07\/uk.jpg","height":640,"width":960},"url":"https:\/\/forexschoolonline.com\/investors-predict-that-uk-politics-will-keep-the-pound-weak\/","about":["Article","Article-com","charts","Featured Articles","FX Technical Analysis","GBP\/JPY","Price Action Charts in Focus","Price Action Trigger Signals","Trade Idea","Trade Setups"],"wordCount":283,"keywords":["Forex","Fundamental Analysis","GBP\/USD","GBPJPY","Market Prospect"],"articleBody":"Investors predict that the pound sterling will remain weak as the campaign for the Conservative party’s leadership emphasizes the difficulties affecting the nation. They have since scaled down on large wagers against the pound last week.According to the most recent statistics from the US Commodity Futures Trading Commission, investors’ net short positions in sterling modestly declined last week, interrupting a two-week run of rises while maintaining the market’s overall bearish sentiment toward the pound.The pound has suffered dramatically since the year began due to rampant inflation, modest interest rate increases, and ongoing Brexit issues. It is currently trading at about $1.20, not far from a two-year low of $1.1760 that was reached earlier this month.UK Politics Could Worsen Sentiment Toward the Pound in the Coming MonthsAnalysts will be watching the first one-on-one television discussion between Foreign Minister Liz Truss and Chancellor Rishi Sunak later today as the battle for the Tory leadership heats up. Many investors predict that UK politics could worsen sentiment toward the pound in the coming months.Both candidates have positioned themselves as Thatcherite leaders. They have been pushing for stricter immigration laws to win over party members, many well-off white men in their 60s or older, who will ultimately decide who the country’s next prime minister will be.The issues that these individuals find interesting might not be popular with other members and might not help to dispel the gloomy sentiment that has been hurting the pound, according to analysts at Rabobank.Note: Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results."}