On Friday the pound went to its multi-year top versus its rivals while early UK election outcomes showed a possible Conservative victory, which is anticipated to clear the Brexit political deadlock that has hurt Britain’s markets the last years.
Versus the euro, GBP increased by around 2% and went up to 82.79. That is the most powerful level since the summer of 2016.
The pound rose more than 2% to touch $1.3515, the biggest level since last year, before ending at $1.3481.
Boris Johnson wins UK elections
Daily Analysis - 13/12/2019