UK Tories Extend the Lead in Polls After Farrage’s Comments - Forex News by FX Leaders
Johnson's odds of getting a majority are increasing

UK Tories Extend the Lead in Polls After Farrage’s Comments

Posted Friday, November 15, 2019 by
Skerdian Meta • 1 min read

The UK Conservative party was leading the polls last week at around 36%-37%, with Labour Party trailing around 10 points behind. But, the situation has evolved since then and the political landscape is shifting in the UK, so the polls will be pretty dynamic until the election day. Here is the latest poll from the Panelbase Poll for the UK election:

  • Conservative Party: 43%, +3%
  • Labour Party: 30%, unchanged
  • Liberal Democrats: 15%, unchanged
  • Brexit Party: 5%, -3%

The Conservatives have increased the lead to 13% now. This has come after Brexit Party decision to step down in elections where the Tories have the seat.  Stepping down an additional 43 seats, brings the total seats that the Brexit party stepped down to 360.

A majority requires 326 states. The conservatives currently hold 317 seats.  The conservatives need 8 more for a majority. If they can keep the seats they have, gain 8 of the 43, they would have their majority. According to the report, the Tories came in 2nd in 17 of the 43 seats. The GBP gained around 50 pips on this news.

 

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About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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