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UK General Election: key scenarios impacting on GBP/USD
As the UK electorate goes to the polls tomorrow, markets have begun to consolidate. However this consolidation is ahead of a likely ramp up in volatility tomorrow. The fun will kick off at 2200BST when the exit poll will be released. Cue a surge in volatility on sterling as traders factor in the implications for the currency. The volatility will continue throughout the night as various bellwether constituencies are announced. There is likely to be further volatility throughout Friday too. What are the key scenarios that could affect GBP/USD from the UK General Election? First thing to say is that the exit poll is by ... (full story)
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