Update (5pmET): The first exit polls are in...and by the looks of it, the Conservatives will walk away with a sizable majority, with 368 of the Commons 650 seats.

With a predicted majority of 86 seats, this would be the biggest majority for the Tories since the days of Margaret Thatcher.

Political analysts on Sky News are already lauding Johnson's stunning political comeback

Unsurprisingly (and in accordance with our trading guides posted below), cable has exploded higher as it looks like Boris Johnson has led Tories to a "stellar" performance. The pound jumped 2.2% to the $1.3450 level. It's an insane move in cable when one takes into account the fact that economic data still show the UK sliding into recession.

Meanwhile, the Labour result for Labour is nothing short of appalling. You'd need to go back to 1935 to see another Labour result that bad. It's very possible that, after tonight, Corbyn's days as leader will be numbered, with some analysts saying that he has to resign after this.

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Update (4:50pmET): With the first exit polls expected in around 10 minutes (Not long after the last UK polls close), traders can follow along with live coverage below:

Viraj Patel @VPatelFX

🔵 $GBP & #GE2019 Thread🔴

⏲️ 10pm: Exit polls. Watch Tory majority size. 2017 exit poll had Tories at 314 vs 318 actual

⏲️ 11pm: First results. Labour strongholds (focus on vote margin)

⏲️ 3-4am: Tories should build lead if on track for +40 seat majority *Updates next 24hrs* 1/

Poster Comment:

SNP winning 55 seats. Labour losing 71 seats. orbyn wanted voters to vote again on Brexit.