The GBP On A Rally

The GBP surged around 2% versus the USD after a U.K. election exit poll implied in that Boris Johnson’s Conservative Party is expected to secure a victory.

Now, the GBP trades at $1472.69, which is an addition of $3.06 or 0.21% from the previous close of 1469.63.

The daily range is from $1461.51 to 1475.40, while the trading volume is 284.974K.

Simultaneously, the Chinese yuan also advanced amid expectations that U.S. President Donald Trump approved a phase-one trade deal with China.

The onshore rate soared 1% per USD after the news, which the biggest rise since Aug. 2 on an intraday basis.