Whoever wins Britain, would be messy for pound

Today another set of polls were published ahead of election in March, which shows UK's current ruling conservative party and main challenger party still remains neck to neck. Both are expected to win 33% of the total vote. Election to be held on 7^th May, 2015.

• Main game changer will be Scottish National Party (SNP), which according to today's poll set to win 52% of the votes in Scotland. Last week respected Yougov poll is set to win 59 of the 60 seats allotted for Scotland in UK's House of Commons.
  
  
• SNP's share of votes were estimated much higher from last month's 28%

According to most market expert Labour Party has higher chance of coming to power, as it might go for an alliance with SNP to come to power.

However, Scotland has traditionally been Labour Party's stronghold, losing 59 out of sixty seats to SNP there, might cost Ed Milliband the election to David Cameron, leader of conservative.

Chaos for pound, no matter who comes to power -

• Outright majority for conservative party will be considered positive for pound which might stage a comeback. However rallies would soon face uncertainty over UK's position in EU as Mr. Cameron assured referendum.

• Outright majority for Labour Party and the market will face deep uncertainty as their policies are not expected to be friendlier for the service industry, banks to name with. Labour parties policies might deprive Industries and benefit households.

• Hung Parliament - Labour party has higher chance of making majority with help of SNP, however deep negotiation will be there over greater powers to Scotland and removing the nuclear warhead Trident from Scotland's shore, filled with uncertainty.

Pound is currently trading around 1.466 against dollar, up 0.35%.