More polls are now showing a lead of about 5-6%, down
sharply from more than 20% (when UK PM May called for snap elections. The
hopeful expectation that PM May had made a calculated move and was
gunning for a bigger majority in parliament is now at risk as polls
suggests that PM May may not win as much or could even risk having a hung
parliament. We continue to stress that GBP direction will be determined
by opinion polls - if the narrowing of Conservatives’ lead is temporary
or will continue...