Pound wins as election exit poll predicts big Tory majority - EpicNews

The pound has surged after a closely-watched exit poll predicted the Conservatives had secured a majority in the general election.

Sterling bounced from $1.3162 to just shy of $1.34 – a gain of almost 2% – after the Ipsos Mori survey for Sky News, the BBC and ITV News was published.

It followed a day of election jitters for values – complicated by a US-China trade war breakthrough that strengthened the dollar.

The UK currency also gained against the euro as investors bought in to evidence that UK voters had handed Boris Johnson a working majority.

The exit poll predicted a figure of 86 seats.

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