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The latest UK election opinion polls conducted bby Kantar showed on Tuesday that the Prime Minister (PM) Boris Johnson’s Conservative (Tory) Party’s lead over the opposition Labour Party narrows by 7 points over the last week.

Key Findings

“Conservatives’ opinion poll lead to 11 points from 18 over the last week.

Support for Prime Minister Boris Johnson’s Conservatives fell 2 points to 43%, while Labour was up 5 points on 32%. The pro-European Union Liberal Democrats were down 2 points on 14%, while the Brexit Party was up 1 point on 3%.

Kantar surveyed 1,097 people online between Nov. 21 and 25.”

The tightening race between the Conservatives and the opposition Labour appears to bode ill for the pound, knocking-off GBP/USD to fresh session lows of 1.2867. At the press time, the price is a few pips off the lows, but remains -0.17% near 1.2880.