UK EU elections exit polls show tie between the Brexit Party and pro-Remain parties, GBP/USD may rise

Yohay Elam FXStreet

The Brexit Party led by former UKIP leader Nigel Farage is projected to receive 31.6% of the vote and win the European Parliament elections. Pro-Remain parties, the Liberal Democrats, Greens, and the UK Change Party were also projected to gain a similar share

Labour was expected to come second with 19.1% but with the Lib-Dems just 0.2% behind. The Conservatives are third according to this poll with 12.4% and the Greens have 9.8%.

Britain Elects published its forecast and is updating it.

GBP/UDS closed the week at 1.2710 and has room to rise if pro-Remain parties receive significantly more votes than the Brexit party.

UK residents voted on Thursday, before PM Theresa May's announcement that she will be stepping down on June 7th.

Britain elects exit poll 2019 European elections UK

Author

Yohay Elam

FXStreet

Yohay is in Forex since 2008 when he founded Forex Crunch, a blog crafted in his free time that turned into a fully-fledged currency website later sold to Finixio.

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