UK Prime Minister Theresa May surprised the world and announced a snap election on June 8th. With Labour’s consent, the elections will indeed be held on June 8th. May made a calculated gamble to head to the polls. She is aware of her high popularity and is likely to win. GBP/USD is already on the rise, topping 1.2665. Here are more reasons why the elections should be pound positive, allowing sterling to run to much higher ground. Mandate for May: Theresa May became PM after David Cameron quit abruptly and after her rivals for the leadership fell out one by one. She was never elected by her party members nor the ... (full story)