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The British pound is going wild!

May 8, 2015, 02:36 IST

The first look at UK election results are in and it looks like the Tories are set to win 316 of 650 seats, the most of the major parties.

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Following this result, the British pound exploded higher against the dollar, rising as much as 1% to around $1.54.

Business Insider's UK team has complete live coverage of the election here »

Here's the huge move.

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