Computer Engineering Commons^™

Brexit Election: Forecasting A Conservative Party Victory Through The Pound Using Arima And Facebook's Prophet, James Usher, Pierpaolo Dondio

Conference papers

On the 30th October, 2019, the markets watched as British Prime Minister, Boris Johnson, took a massive political gamble to call a general election to break the Withdrawal Agreement stalemate in the House of Commons to “Get BREXIT Done”. The pound had been politically sensitive owing to BREXIT uncertainty. With the polls indicating a Conservative win on 4thDecember, 2019, the margin of victory could be observed through increases in the pound. The outcome of a Conservative party victory would benefit the pound by removing the current market turbulence. We look to provide a short-term forecast of the pound. Our approach …