The GBP Advanced To Record Levels

The GBP jumped to its peak level of the last seven months as there are high expectations of a possible bets of a victory of the Conservatives in next week’s election.

The GBP rallied above $1.30 as polls indicated that the ruling Tories holding their lead over Jeremy Corbyn’s left-wing Labor Party.

Now, the GBP versus the USD trades at $1.3043, which is an addition of $0.00499 or 0.38% from the previous close of $1.29935.

The daily range is from $1.2982 to 1.3063, while the trading volume is 111.907K.

In reality, the sterling soared 0.4% to $1.3042, its peak mark since May 10.

Additionally, it appreciated 0.3% to 85.05 pence per euro.Moreover, the GBP also surged against all major pairs as U.S. President Donald Trump’s visit to the U.K. went smoothly.