The British Pound has fallen through a key level against the US Dollar - analysts suggest the prospect of a Hung Parliament is to blame.

The UK currency is lower against a host of its major trading partners and some foreign exchange rate commentators are blaming the outcome of the General Election that is clearly suggesting an uncertain future on the shape and nature of the UK Government.

The Pound weakened against 14 out of the 16 most actively traded currencies, as Britain drifted closer towards the first Hung Parliament since 1974.