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There’ve been strong gains for sterling after David Cameron’s Conservative Party did far better in the UK election than all the polls were predicting. GBPUSD was up some 1.3% EURGBP was down around 2% as the markets opened in London. FTSE futures were also sharply higher.

Sales Trader, Ben Ridgeway, from Saxo Capital Markets in London tells us just what’s been happening on the markets overnight and how things are looking as traders globally digest this surprise win for the Tories in Britain.