7 May 2015
GBP remains in the limelight on election-day – Danske Bank
FXStreet (Edinburgh) - Jens Pedersen, Senior Analyst at Danske Bank, noted the pound could be under pressure ahead of the final results in today’s elections.
Key Quotes
“Election day in the UK today, which means the GBP will stay alert ahead of a preliminary picture of votes expected to emerge overnight”.
“While GBP/USD has historically rallied on election days, this has not been the case if the possible outcome is a hung parliament as seems likely this time around”.
“Polls close at 23.00 CEST after which exit polls will start hitting the wires”.
Key Quotes
“Election day in the UK today, which means the GBP will stay alert ahead of a preliminary picture of votes expected to emerge overnight”.
“While GBP/USD has historically rallied on election days, this has not been the case if the possible outcome is a hung parliament as seems likely this time around”.
“Polls close at 23.00 CEST after which exit polls will start hitting the wires”.