Spiking by more than three cents to $1.2876 U.S. in the hours after May's announcement Tuesday of a June 8 general election, the pound hit its highest level since early October.
May, 60, had stunned her allies as well as opponents when she called for a snap poll yesterday.
For Michael Hewson, an analyst at CMC Markets, the elections could also help May by "diluting the influence of the more extreme elements of her own party on the Brexit process".
They campaigned for Britain to stay in the EU previous year and have fought for the country to remain in the European single market since the Brexit victory.
"It's about providing the strong and stable leadership this country needs to take Britain through Brexit and beyond, it's about strengthening our hand in the negotiations that lie ahead, and it's about sticking to our plan for a stronger Britain that will enable us to secure that more stable and secure future for this country and take the right long-term decisions for the future".
Under that law, general elections are supposed to be held on a regular five-year schedule, with the next vote due in 2020.
She blamed the Lib Dems, for wanting to "grind" the business of government to a standstill, the SNP for threatening to vote against negotiations and Labour's threat to vote against the final Brexit agreement.
The area voted strongly in favour of Remain.
"I will be asking the British people for a mandate to complete Brexit and to make a success of it", the Conservative leader said, to cheers from her lawmakers sitting behind her.
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Technology companies, in particular, have used H-1B visas to recruit low-wage foreign workers, according to the New York Times . The Trump administration said that if the waivers are not benefiting the USA they will be "renegotiated or revoked".
"This should cross party lines", he said in a statement hours after Prime Minister Theresa May announced plans for a 8 June vote.
Explaining her stance, Mrs May said: "I believe in campaigns where politicians actually get out and about and meet with voters".
While snap elections are a gamble, it looks like May's Conservative Party will win big on June 8.
"Brexit isn't just about the letter that says we want to leave".
"Core voters in the north who voted for Brexit are not convinced, and metropolitan liberal voters aren't convinced by that either", political expert and author Eliza Filby told AFP.
Insiders also revealed Mrs May could also be ready to ditch promises made in David Cameron's 2015 general election manifesto, such as the commitment to spending 0.7 per cent of national income on foreign aid.
May ruled out participating in televised debates with other leaders.
Though May has been cautious in detailing her Brexit aspirations, traders think a big victory for her in the election could give her ammunition in dealing with those within her own Conservative Party who are urging a complete, "hard" divorce from the European Union - even if that means new tariffs and an exclusion from the bloc's huge single market. John Woodcock, the Labour MP for Barrow-in-Furness who will be standing for re-election, posted a Facebook video saying Corbyn ought to stand down "rather than lead Labour to defeat". "The government would be exposed to hardball from the European Union because ministers would be desperate to avoid accepting anything that would be politically unpopular, or hold the Brexit process up, at the start of a crucial election cycle". The election gives the British people the chance to change direction.
The Prime Minister is set to include pledges that will lock party members and peers into backing her stance as the United Kingdom withdraws from the European Union.
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