GBP/USD - 1.4880.. As predicted, the latest U.K. exit polls showed Tories are leading but results still points to a hung parliament. Sterling plunged to a fresh 2010 low of 1.4712 partly due to sales of sterling vs eur n yen n eur/gbp moved 'violently' in Australia n Asia after falling to 0.8428. Order book is thin in Asia but profit-taking bids have been reported fm 1.4800-70 area. Further big sideways swings are expected until London comes in.
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