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GBP/USD: Cable Drops as Conservative Lead over Labor Fades – YouGov Poll

From dailyfx.com

GBP/USD has plunged nearly 100-pips from intraday highs and spot prices are still edging lower in response to the latest YouGov poll which revealed that PM Boris Johnson’s Conservative Party majority over its primary opposition – Jeremy Corbyn’s Labour Party – fell by 20 seats compared to the previous YouGov poll. {image} Tories are now predicted to champion 339 seats while Labour MPs are estimated to chair 231 seats. This compares to the prior projection of 359 seats and 211 seats respectively. The prospect of another hung Parliament back on the rise as the most recent MRP estimate for the December 12 UK general ... (full story)

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