Orbex

ORBEX: Pound Supported As MRP Vote Share Predicts Tory Win!

FX:USDCAD   U.S. Dollar / Canadian Dollar
In today’s market insights I talk about YouGov’s MRP (multi-level regression and post-stratification) poll and how predicting UK’s vote share with 93% accuracy in the past supports the British Pound!

Aside from politics potentially moving the UK markets today, we have important GDP data coming out from Canada too. And this is likely to affect loonie.

The recording explains what I am expecting in the short and also medium-term for both GBPUSD and USDCAD. Don't miss out on information that can help!

Stavros Tousios
Head of Investment Research
Orbex

This analysis is provided as general market commentary and does not constitute investment advice.

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