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GBPUSD and the UK Election

UK Election result

  • Majority Tories

    Votes: 2 100.0%
  • Hung Parliament

    Votes: 0 0.0%
  • Labour Victory

    Votes: 0 0.0%

  • Total voters
    2

Admin

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With a decisive election looming tomorrow for the UK, the fallout could be significant for GBPUSD. From what I've read I believe the first signs of the result/s will be known at 22:00 BST when the exit polls are shown. From there results will start to flow overnight.

Some brokers are reducing leverage and increasing margin requirements which seems a sensible move should the unexpected happen which could cause GBPUSD to plummet 4-5% according to some analysts.

So, what is everyone going with?

Here's a timetable for the Election night also.
 

Onedimension

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Hey John, I'll be absolutely mortified if Labour win or we get a hung parliament. I cannot abide the lying Corbyn. God help us if he gets in.
 

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  • Thread Starter Thread Starter
  • #3
Over $38,000,000 matched on Betfair thus far with a Conservative majority priced at 1.11.
 

Onedimension

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Admin

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  • Thread Starter Thread Starter
  • #6
What amazes me is that 12 million people (12 million!!!!!) have voted for Corbyn and his side kick Dianne Abbott. Regardless of your political view how can anyone place their trust with those two?! Holy moly.
 
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