Thursday, 6th of May, is probably the most important day of this year in the UK and millions of people will have their say on the future of this country and who becomes the next prime minister.
General election will have a major impact on ordinary lives and stock markets. With hung parliament looking unavoidable, how will the markets react as the votes come in? How will British Pound react?
Thursday night will surely bring some swings in GBP/USD and it will be no surprise if Pound rallies if Tories get the majority. The question is how can retail traders benefit from those swings and possible rally? How can one trade during the night when stock markets are closed?
Spread betting is the cheapest and easiest way to benefit from short-term fluctuation and swings. Capital Spreads now offer 24 hour trading where you trade not only currencies but indices, commodities, interest rates and much more. Make sure you open spread betting account before to take advantage of 24 hour trading.