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Tories fail to pick up majority of UKIP votes in Newcastle

As sky news just reported, the Tories have not been able to pick up the majority of UKIP votes in Newcastle as they should have. It's very early, but this is what the market will pay attention to, the unexpected upsets. if this trend continues, and considering the bad exit poll results for the Tories, it should keep GBP sellers well under control, for what might potentially be an eventual target of 1.24-25 if the election results on a hung parliament, according to ING.

Labour wins Newcastle Central

As expected, the Labour party has won the Newcastle Central region, with a 64.9% (+9.9) vs Con a t 24.6% (+5.7). The other two parties, LDem stood at
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GBP/USD: stabilizing as official results coming out

Currently, GBP/USD is trading at 1.2760, down -1.51% on the day, having posted a daily high at 1.2969 and low at 1.2705. As the official results star
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