Medbs, as I was asking y/day and you replied that you don't see it happening, with Brown effectively resigning y/day and removing a stumbling block to the possible Lib-Lab coalition, those 2 parties now in formal talks, what if a Lib-Lab coalition is announced later today and the gbpusd sells off as is the most likely reaction? Will you still hold the 5150 area long below the last 4474 Low?
Of course anything can happen and a Con-Lib colation or even a Tory Moinority govt are also possibilities, the first of which might more likely see a rally in gbpusd ?
G/L