GBP/USD Spikes as Poll Project Large Election Win for Boris Johnson

General Election Analysis & Talking Points

  • Boris Johnson Majority Expected by UK Exit Polls

GBP/USD has spiked higher by over 2% in reaction to the UK Exit Poll, which projects a larger than expected majority for the Conservative party of 368 seats.

UK Exit Poll Projects Larger than Expected Conservative Majority

Conservatives: 368

Labour: 191

Lib Dems: 13

Brexit Party: 0

SNP: 55

Green Party: 1

Other: 22

GBPUSD PRICE CHART: 1-MINUTE TIME FRAME (INTRADAY)

— Written by Justin McQueen, Market Analyst

To contact Justin, email him at Justin.mcqueen@ig.com

Follow Justin on Twitter @JMcQueenFX

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