Yup DC in #10, finally. Announcement due shortly Fly cable, Fly Darn, may have to close my long term shorts and change my sentiment.

Cable Update (GBPUSD)

The scary bit is that Brown will try to form a coalition with all the nationalist having their hands out, Plyd Cymru already said they wanted 300MM a year for any cooperation. Add to that the SNP and the unionists and we are talking what 1Bn a year ...

Cable Update (GBPUSD)

BA just announced another 20 days of strikes by Unite

Cable Update (GBPUSD)

And the first act would be to change the language to Dutch like it was in 1688 when we invaded and conquered England.

Cable Update (GBPUSD)

no deal yet, David Laws is on BBC now. Let's see how the markets react to this news, we should head back down, but you never know with the bailout in the EU

Cable Update (GBPUSD)

If they wait till next year then again Cameron will blame them for not wanting to form a majority government. They are stuck between a rock and a heart beat. The only choice they have is to come to some kind of agreement with the Tories and give up ...

Cable Update (GBPUSD)

David is not going to give in on that, he will just run a minority government and call new elections in 4 months and blame the libdems for blocking a working government. The libdems are in the worst position for 90 years, so close, yet so far away.

Cable Update (GBPUSD)

Don't worry, that was only the precursor to the real short.... Rumors that a deal has been reached to form a government.

Cable Update (GBPUSD)

Morning dag. Not many of us kept positions open over the weekend with the Brussels meeting going on trying to safe the euro and the negotiations regarding the hung parliament in the UK.

Cable Update (GBPUSD)

Time will tell, you trading tonight? I am staying flat until we get some better volumes here, will just wait for the Brussels announcement and see what Franky gives us in the morning.

Cable Update (GBPUSD)

Parity on the euro and cable below 1.23 is not so crazy right now. The Brussels meetings continue, guess they are getting a statement together before Franky opens in a few hours. Unlimited guarantees for any member state is a last ditch effort to ...

Cable Update (GBPUSD)

It is a huge mess in Brussels, Sarkozy and Merkel are trying to ram through an unlimited loan guarantee for Spain, Portugal and Italy on top of the 80Bn so far for Greece. This is one to watch today and tomorrow. Gilts spiked up dramatically in late ...

Cable Update (GBPUSD)

With all that is going on in euroland, I am definetely flat over the weekend, Greece could default for all we know while we have a few brewskies on saturday.

Cable Update (GBPUSD)

So there are now 3 traders here given you their recomendation, pick the one you like.

Cable Update (GBPUSD)

No disrespect here, but Forexlion was nice enough to answer your question you raised several times, if you don't like his answer go long then.

Cable Update (GBPUSD)

Cameron is holding a news conference at 1430 BST to outline the basis of a government, if he can pull it off that quick we can see a good bounce in cable to the upside, it all depends on the concessions. The market should take any deal with the ...

Cable Update (GBPUSD)

Well, that long is Fooocked

Cable Update (GBPUSD)

I still got my london open trade, figure it will materialise here. Ha, we filled 15,000 pages with absolute drivel....

Cable Update (GBPUSD)

Oh, that's the best way to wake up in the morning. That and a fresh cup of coffee with a continental breakfast.

Cable Update (GBPUSD)

You missed all the fun then, Malcolm and I raked it in last night

Cable Update (GBPUSD)