GBPAUD snap election tomorrow

2019-12-11 16:18:36

Snap election tomorrow. Tories need 320 votes for the majority and latest YouGov polls and forecast suggest Tories winning 339 seats, with Labour on 231 and the Lib-Dems on 15.
The seat-by-seat model, which is based on thousands of interviews, puts the Tories on 43 per cent of the vote and Labour on 34 per cent.

On the technical side GBPAUD broke the upper trend line and found resistance at 1.94. Price will be ranging now as we wait for the results of the election.
Consensus is that Tories winning will surge the GBP up, while failing to get the majority will sink the GBP.

Election results should start coming in around 2am GMT Friday.

Good Luck!