GBP price, UK General Election:
- Voting has begun in the UK General Election, with the polls due to close at 10pm local time, an exit poll to be published soon after and results expected late Thursday and on Friday
- GBP/USD is firmer while EUR/GBP is steady.
GBP/USD and FTSE 100 firm as UK heads to the polls
Voting has begun in the UK General Election and will end at 2200 GMT, with an exit poll soon after and results due to come in overnight Thursday/Friday. In early European trading, GBP/USD is modestly higher.
GBP/USD Price Chart, 10-Minute Timeframe (December 11-12, 2019)
Chart by IG (You can click on it for a larger image)
Listen in to our UK General Election special webinar, hosted by DailyFX analyst Justin McQueen, at 0430 GMT Friday. You can sign up here
Meanwhile, EUR/GBP is broadly stable ahead of the election results, which are announced seat by seat as the night progresses.
EUR/GBP Price Chart, 10-Minute Timeframe (December 11-12, 2019)
Chart by IG (You can click on it for a larger image)
On the London stock market, the FTSE 100 index was up 0.5% at 7,251 in early trading.
| Change in | Longs | Shorts | OI |
| Daily | 4% | -2% | 0% |
| Weekly | -17% | 26% | 4% |
We look at Sterling regularly in the DailyFX Trading Global Markets Decoded podcasts that you can find here on Apple or wherever you go for your podcasts
--- Written by Martin Essex, Analyst and Editor
Feel free to contact me via the comments section below, via email at martin.essex@ig.com or on Twitter @MartinSEssex
