Selling the pound on the Burnham election is a mistake, says a seasoned FX trader.
The British pound is being battered from all angles on Thursday, but the Bank of England's decision won't be adding to the pressure.
Analysts at CIBC Capital Markets say don't discount a post-Makerfield move.
Pound sterling will be watching Iran peace deal developments, the Bank of England and the Makerfield by-election.
