Sterling may be primed to drop after politicians failed to deliver the decisive Brexit vote that had been promised for the weekend. But currency analysts see the balance of risks shifting to favor a stronger pound in time due to a lower chance that the U.K. will crash out of the European Union without a divorce deal. “The weekend’s events, if anything, further reduce the risk of disorderly exit,” said Adam Cole, Royal Bank of Canada’s chief currency strategist. “If there is a knee-jerk negative sterling reaction as we emerge from the weekend with a greater overhang of uncertainty than hoped,” it may be a buying ... (full story)