Brits go to the polls to elect a new parliament. A snap election was supposed to result in an easy, snap victory for Theresa May’s Conservatives, but turned into a closer race that has significant implications for Brexit and the pound.
Here is our full guide to trading GE2017 with GBP/USD. Below you can find all the updates: from quick previews, through levels in the pound, the breaking results, and the aftermath.
- Jun 15, 9:00: GBP/USD: between rock and a hard place: The inconclusive UK elections found Theresa May scrambling to form a coalition. She is pressured to soften her stance on…
- Jun 12, 14:19: GBP/USD loses support on 4 political developments: The pound enjoyed a period of consolidation after PM May stabilised her position thanks to a controversial government. However, things…
- Jun 12, 8:44: GBP/USD recovers, capped by resistance and looks vulnerable: The UK elections resulted in May losing her parliamentary majority. She continues holding onto power thanks to a controversial coalition…
- Jun 9, 16:16: GBP post elections – to 1.25 or a recovery? It: Cloudy weather is a feature of the UK, and for politics, it got quite murky. No party won an outright…
- Jun 9, 11:14: May remains in power with DUP – GBP/USD stabilizes above: With the final seats being decided upon, we could get a less hung parliament than the one that was evident…
- Jun 9, 8:41: GBP/USD extends losses on the most hung of hung: GBP/USD now trades at 1.2660, making a decisive fall to the downside. Further support awaits at 1.2615, followed by 1.2540….
- Jun 9, 8:19: GBP/USD shocked lower but respecting ranges – levels: UK exit polls showed a hung parliament with only 314 seats for the Conservatives and high uncertainty all in allץ We…
- Jun 9, 1:49: UK elections results blog – GBP/USD collapses on hung: The UK election results are now flowing quite rapidly, with declarations of seats mostly confirming the exit polls, that showed…
- Jun 9, 1:26: PM Jeremy Corbyn? Labour is looking lively: According to some reports, security has been ramped up around Labour leader Jeremy Corbyn, signaling he may become more important than…
- Jun 9, 1:03: GBP/USD could jump if LibDems are kingmakers: The incumbent Conservative Party and the challenging Labour will take the vast majority of seats in parliament. However, both parties are…
- Jun 8, 23:16: Buy opportunity on GBP/USD? 3 reasons: UK exit polls are shocking by showing no absolute majority for the Conservatives in an election that was supposed to be a…
- Jun 8, 23:00: UK exit polls show NO CON majority – GBP crashes: Official exit polls show 314 seats for the Conservatives, short of 326 needed for a majority. Labour wins 266.SNP wins only…
- Jun 8, 21:25: GBP: Scenarios For UK Election & Directions For GBP –: After a surprising campaign, the UK election campaign ends and voting begins. What can we expect? Here are two scenarios from…
- Jun 8, 7:59: UK elections: GBP waiting to explode, but to which: When PM Theresa May called the snap election, the pound rallied and the event was shrugged off. However, the campaign…
- Jun 7, 7:59: 3 Scenarios For UK Election & Targets For GBP/USD – SEB: The UK elections are held tomorrow and tension is mounting. Where will the pound trade afterward? Here is their view,…
- Jun 6, 6:45: 3 Scenarios For UK Elections & Directions For GBP – NAB: The British pound recovered and topped 1.29 after some opinion polls showed a higher chance for an absolute majority for…
- Jun 5, 8:10: GBP: Scenarios For UK Elections & Targets For EUR/GBP –: The British pound has been rocked by every opinion poll and now awaits the only poll that matters. How can…
- Jun 2, 16:09: GBP/USD: Every poll pulls the pound [Video]: After campaigning was suspended due to the terror attack, the UK is in full election mode. Every opinion poll matters….
- Jun 2, 8:12: GBP: Into & Beyond The June-8 Elections – Credit: The British pound is moving on every opinion poll related to the elections. What’s next? Here is their view, courtesy of eFXnews:…
- May 31, 7:47: One UK polls shows hung parliament – GBP/USD at support: A “shocking†poll by YouGov shows that the elections in the UK will result in a loss of seats for…
- May 31, 6:55: GBP: No Point Of Speculating On Elections Outcome; Sell: A significant narrowing of the polls weighs on the pound, which failed to recover from the lows. Is all this speculation…
- May 26, 7:34: GBP: What Would A Labor Win Mean For GBP? – Nomura: the pound is on the back foot, partially due to the downgrade of GDP. In the meantime, campaigning is resuming…
