GBPUSD: Bull flag target of 1.37 after the #UKelection
GBPUSD: The pound is at its highs of the day (HOD) after weekend polls mostly showed a widening lead for the Conservatives with three days to go until the UK election. EURGBP is making fresh two-year lows. A poll from BMG has the Conservative Party with 9 point lead over Labour, up from 6 a week ago. Survation showed the lead widening to 14 points from 9 a week ago, while polling from Savanta ComRes saw the lead narrow to 8 points from 10 a week ago. There are some discrepancies about the size of the lead but the latest polls all point to a Sterling-friendly Conservative majority.
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Contributor to SpreadEx
spreadex.com/financials/news-analysis/weekly-technical-analysis/
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