The incumbent Conservative Party and the challenging Labour will take the vast majority of seats in parliament. However, both parties are set to fall short of an absolute majority. The Tories are closer, with 314 according to the predicted outcome. If confirmed, they could form a coalition with the LibDems 14 projected members in parliament and reach 328, above 326 needed for a majority. This was the coalition between 2010 and 2015. The LibDems could also join a Labour government alongside other parties. 14 seats out of 650 are just over 5%, a very modest representation. Nevertheless, their presence in government could be a game changer for Brexit. They could leverage their necessity in forming a government to impose a softer Brexit. Tim Farron has repeatedly claimed that they are the party of Remain. Remaining in the EU does not seem like a viable option for the UK. The EU Referendum result was loud and clear. Nevertheless, an ongoing participation of the UK in the EU Single Market could be a big relief and the pound could rise. We already discussed three reasons for a buying opportunity for GBP/USD. What do you think? UK elections – all the updates in one place Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Opinions share Read Next PM Jeremy Corbyn? Labour is looking lively Yohay Elam 6 years The incumbent Conservative Party and the challenging Labour will take the vast majority of seats in parliament. However, both parties are set to fall short of an absolute majority. The Tories are closer, with 314 according to the predicted outcome. If confirmed, they could form a coalition with the LibDems 14 projected members in parliament and reach 328, above 326 needed for a majority. This was the coalition between 2010 and 2015. The LibDems could also join a Labour government alongside other parties. 14 seats out of 650 are just over 5%, a very modest representation. Nevertheless, their presence in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.