GBPINR trading range for the day is 81.72-82.54. GBP steadied as British PM May scrambled to pick up the pieces and reunite her Conservative Party after a disastrous election that could disrupt Brexit negotiations.
The UK general election result created uncertainty over the policy platform, political cohesion and longevity of the next UK government, Fitch Ratings said. Negotiations on Britain’s exit from the European Union are due to start next Monday.
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