Never in doubt ( what? pardon? you? Ed ! )

What a great country we have and all is well again.

Ok, I just thought I’d try those rose-tinted glasses on for a moment, but there’s no doubting the bulls will take comfort from that number. The bears of course will still say that a figure below 50 isn’t exactly anything to get too excited about just yet.

Cable has barrier option interest at 1.5600 which is capping the rally for the moment. Back to 1.5578 after 1.5591 business

EURGBP also going to have a say on the pound’s fortunes today with good demand still expected in the dips. 0.8467 again now after 0.8460 lows.