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How to answer the interview question about the election and sterling

Sterling and the election

Exciting day coming for FX traders

On Thursday, Britons will go to the polls. With both Labour and the Tories polling 33% of the electorate, the UK election promises to be incredibly close. And that could have implications for the pound – especially during the wrangling that follows as rival parties seek to form a government.

In the event that you attend an interview and are asked about the likely impact of the UK election on sterling – or simply that you happen to have a professional interest in this issue – Amplify Trading have assembled the following chart (click to expand) depicting what happened last time the UK went to the polls. Friday could be rocky, basically.

What happened on May 6th 2010: 

Amplify Sterling chart


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