<p>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. </p><p>Following this result, the British pound exploded higher against the dollar, rising as much as 1% to around $1.54. </p><p><strong><a href="http://uk.businessinsider.com/general-election-results-live-coverage-2015-5">Business Insider's UK team has complete live coverage of the election here »</a></strong></p><p>Here's the huge move. </p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/554bd39b6bb3f730606f1405-964-440/fx_image (3)-2.png" border="0" alt="fx_image (3)"><p class="source"><span>FinViz</span></p></img></div><p></p></div></div></p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/how-floyd-mayweather-spends-his-money-boxing-2015-4">Here's how Floyd Mayweather spends his millions</a></h3>        <div>            <div>    <script src="http://player.ooyala.com/v3/6e12e8b3387a44daacfb73afba25a76e"></script>    <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="NiaGVpdDqdBR4NCmtjL5odLe14N1R4Hp" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>    <script>    if (typeof RunFunctions === 'undefined') { var RunFunctions = []; }     RunFunctions.push(function()    {         var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'NiaGVpdDqdBR4NCmtjL5odLe14N1R4Hp',{ autoplay: 'false' });     });    </script>    <noscript><div>Please enable Javascript to watch this video</div></noscript></div>        </div>        <script>(function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }()); </script>    </div>

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The British pound is going wild!

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. 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. FinViz NOW WATCH: Here's how Floyd Mayweather spends his millions if (typeof RunFunctions === 'undefined') { var RunFunctions = []; } RunFunctions.push(function() { var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'NiaGVpdDqdBR4NCmtjL5odLe14N1R4Hp',{ autoplay: 'false' }); }); Please enable Javascript to watch this video (function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }());

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

The British pound is going wild!

Myles Udland

NOW WATCH: Here's how Floyd Mayweather spends his millions

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