The British Pound surged by 420 basis points against the US Dollar during the early hours of Friday's trading session.
The UK general election played an important role in the overall movement of the currency pair. Boris Johnson won the UK Parliamentary election and most likely, Brexit will happen by 2020.
By and large, the GBP/USD currency exchange rate might make a brief retracement during the following trading sessions.
The UK general election played an important role in the overall movement of the currency pair. Boris Johnson won the UK Parliamentary election and most likely, Brexit will happen by 2020.
By and large, the GBP/USD currency exchange rate might make a brief retracement during the following trading sessions.