Pound US Dollar exchange rate falls from best levels despite best election win since 1987



Sterling rallied above $1.35 overnight after UK election exit polls predicted the Conservatives would secure a comfortable majority, but the currency has since fallen back to $1.332. GBP/USD initially soared to a 19-month high as markets were optimistic that a Conservative majority would bring an end to over three years of Brexit uncertainty.
Pound US Dollar exchange rate falls from best levels despite best election win since 1987 Pound US Dollar exchange rate falls from best levels despite best election win since 1987 Reviewed by Unknown on 13 December Rating: 5

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