The incoming result trends of the snap UK general elections show Labour party leading the polls. <br/><br/>Till last reports, labour party was leading in more than 150 seats while conservatives were leading in 134 seats. However, Reuters reported that early results in British elections have historically favoured Labour. <br/><br/>This result will decide whether it will be Conservative Party leader May or her Labour Party rival Jeremy Corbyn who takes control of Britain's exit from the European Union – a two-year negotiation which will plot a new course for the $2.6 trillion economy. <br/><br/>May called the snap election in a bid to strengthen her hand in Brexit negotiations, to win more time to deal with the impact of the divorce and to strengthen her grip on the Conservative Party. <br/><br/>Meanwhile, Sterling saw its biggest daily fall since January after an exit poll unexpectedly showed Prime Minister Theresa May losing her parliamentary majority.