► Subscribe to FT.com here: http://on.ft.com/2eZZoLI<br /><br />The FT's Roger Blitz explains why sterling seems to be encouraged by Theresa May’s election call, with many investors hoping the PM will consolidate her position. Others, however, doubt the currency's ability to withstand long-term concerns on Brexit.<br /><br />► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes