# British pound soars as Conservatives take the lead in UK polls | Elections | Al Jazeera

> Sterling jumped to a 19-month high against the dollar after exit polls pointed to a large Conservative majority in the UK election. Markets read the result as providing clarity for an orderly Brexit.

- Date: 2019-12-13 · published 2019-12-13T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/55824-british-pound-soars-as-conservatives-take-the-lead-in-uk-polls-elections-al
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A firmer pound reduces the sterling cost of dollar-priced feed imports, but the effect on feed prices is modest.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- aljazeera.com: https://www.aljazeera.com/economy/2019/12/13/british-pound-soars-as-conservatives-take-the-lead-in-uk-polls

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.