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ING Warns Sterling Could Fall Further Amid UK Political Uncertainty, Risks 3-4% Premium

GateNews

2026-05-18 07:37:56

According to ING analyst Chris Turner on May 18, sterling faces further depreciation risk if UK political uncertainty persists. Turner cited potential political developments including Andi Burnham’s bid for a parliamentary seat in June, with possible leadership elections in July and August. “International investors may seek to avoid exposure to UK assets during this period,” Turner said, adding that in extreme cases, sterling could face an additional 3-4% risk premium.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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