Pound to Touch $1.40 'Relatively Soon,' Mizuho's Jones Says

The video discusses the recent movement in the British pound, highlighting a 2.3% increase and the market's reaction to a potential Johnson majority. It explores market positioning, noting a shift from short to light long positions, and predicts further upside for the pound. The discussion also covers investor behavior, the impact of political events like Brexit, and the potential for global investment in the UK given a stable political environment.

What are the implications of a potential hung parliament on the currency market?

What role does political stability play in the investment decisions regarding the UK?