Institution: The fiscal policies of the UK's next leader are key factors affecting the pound.

Jinse Finance reported that on July 9, Ebury analyst Matthew Ryan said that the outlook for the British pound depends on whether the potential UK Prime Minister Andy Burnham fulfills his commitment to adhering to fiscal rules. If Burnham keeps his promise, the pound is likely to remain stable. Any signs that these rules will be abandoned or distorted, even at the margins, could trigger a disorderly sell-off of UK assets. If Burnham's leadership is confirmed around July 17, the market will receive more information.