Sterling jumped after recovering losses Tuesday as U.K. PM called for early general elections on June 8.
The pound was up 0.45% at $1.2622 at 06:45 ET after an intraday low of $1.2516 ahead of the statement.
Sterling was at up 0.41% at €1.1854 against the euro
Theresa May said Britain needed a strong and stable leadership going into Brexit talks and beyond.
The ruling Conservatives hold a slim majority in Westminster.
The dollar index was off 0.15% at 100.05.