By Alex Ellis

As the curtains close on the currency market tonight, we can only speculate as to what the outcome of tonights election will be and the affect it will have on the currency market. For some of you this may mean that you will be watching the market closely as you have decided to risk your transfer on this one data release, for others you may have taken the plunge and bought your currency before the election, the sensible option in my opinion.

If you are looking to conduct a currency purchase over the next few days, then you will want to keep in close contact with your currency broker. The outcome of tomorrow’s election should spell the future for GBP exchange rates.

Both Swiss Franc and US dollar rates fell by 2% yesterday, this could be the beginning of an extremely volatile period for sterling.