Sam Lynton-Brown, Global Macro Strategy Head at BNP Paribas Markets 360, says the British Pound rally ahead of UK Chancellor Rachel Reeves's Autumn budget is short-lived, and the medium term picture of the currency is poor. "One is political uncertainty. The market needs to price a bit of a political tail. That is a downside risk for the pound. And the second is Bank of England. We think the market should price lower terminal policy rates from the Bank of England," he said. Lynton-Brown joined "The Pulse with Francine Lacqua" on Bloomberg Television. (Source: Bloomberg)