According to the exit polls, David Cameron could return to Downing 10. EXIT POLL: Con: 316; Lab: 239; SNP: 58; LD: 10; UKIP. #GE2015. 316 seats is just short of an outright majority of 326 seats. A coalition with the Liberal Democrats, that get only 10 seats, would bring them to this majority. While exit polls are not real results, the past two elections have proved them to be quite accurate. The night is still young as the big lead for David Cameron is not absolute and partly comes against his current coalition partners led by Nick Clegg.

Pound/dollar jumps 150 pips to nearly 1.54 on the release of the UK exit polls. Update: the pair is already above 1.54.

Read the rest of the article GBP/USD leaps as exit polls show near absolute majority for the Tories – night still young